1019 Imperial Beach Blvd | Imperial Beach, CA 91932
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- LoopNet Team
1019 Imperial Beach Blvd
Imperial Beach, CA 91932
Swell Apartments · Multifamily Property For Sale
·
52 Units
INVESTMENT HIGHLIGHTS
- Meticulously Maintained by Pride of Ownership Seller
- Conservative 25% Upside in Rents
- Below Replacement Cost
- Economies of Scale Asset size
- 8 Garages & Large Clubhouse (ADU opportunities)
- Gentrifying Coastal Sub-Market
PROPERTY FACTS
| No. Units | 52 | Building Size | 40,840 SF |
| Property Type | Multifamily | Average Occupancy | 60% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1975 |
| Building Class | C | Parking Ratio | 1.42/1,000 SF |
| Lot Size | 1.54 AC | ||
| Zoning | R3 | ||
| No. Units | 52 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.54 AC |
| Building Size | 40,840 SF |
| Average Occupancy | 60% |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 1.42/1,000 SF |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Disposal
- Washer/Dryer
- Ceiling Fans
- Refrigerator
- Range
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Multi Use Room
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 36 | - | 600 |
| 2+1 | 16 | - | 970 |
PROPERTY TAXES
| Parcel Number | 632-122-33 | Improvements Assessment | $2,805,000 |
| Land Assessment | $10,200,000 | Total Assessment | $13,005,000 |
PROPERTY TAXES
Parcel Number
632-122-33
Land Assessment
$10,200,000
Improvements Assessment
$2,805,000
Total Assessment
$13,005,000
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