1010 11th St
Off Market
1010 11th St, Imperial Beach
Imperial Beach
$1,495,000
Property Description
RARE opportunity,ideal for an owner occupant or a savvy investor.Located in a laid-back beachside community of IB,less than 1.4miles to the beach.Superior unit mix of(1)4bd/2.5ba(2314SF),(1)2bd/1ba(945 SF)&(3)non-conforming studios.(2)two-car garages*&(1)tandem garage w/2 onsite laundry,parking,RV/boat parking.Pride of ownership,new roof,ext paint&several capital improvements.Epitome of"Beach-Life"w/ mature tropical landscaping&coastal breezes that create a tranquil&serene oasis.High demand rental market.
Contact Agent
Dennis Dillard
858-705-2170
Investment Summary
Property Location
Off Market
$1,495,000
Property Type
Multifamily
Price/Unit
$300K
Units
Unit Mix
5
4bd/2.5ba + 2bd/1ba + (3) Studios
Price/Sq Ft
$481
NOI
$24,081
CAP
GRM
Sq Ft
Current
1.6
31.1
Imp
3,102
Year Built
1980
1010 11th St, Imperial Beach
Proforma
4.3
16.6
Land
6,626
