Imperial Beach, CA 91932,1484 90 15th St
Imperial Beach, CA 91932,1484 90 15th St
Imperial Beach, CA 91932,1484 90 15th St
Imperial Beach, CA 91932,1484 90 15th St
Imperial Beach, CA 91932,1484 90 15th St
Imperial Beach, CA 91932,1484 90 15th St
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$1,455,000

$1,449,000

0.4%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 08/29/2022

Key Details

Sold Price $1,455,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Imperial Beach

MLS Listing ID 220015190SD

Sold Date 08/29/22

HOA Y/N No

Year Built 1967

Property Description

Appraised above list price! Rare opportunity to buy the ONLY fourplex west of I-5 under $1.5M. 15th St is one of the highest Cap Rate 4-unit properties for sale at this price point in all of San Diego County. Just two miles from the beach and near Navy bases and Amazon's largest warehouse in CA, you can own an ideal apartment in the rapidly growing beach community of Imperial Beach. All units leased mtm and include 2 beds/1 bath, on-site laundry, and a large vacant (potentially buildable) parking lot with 8 off-street spaces and fenced-in yards. Back on market due to previous buyer's personal financial situation causing the loan to fall out after removing appraisal and all inspection contingencies. Take advantage of South Bay's growth and appreciating rental market by buying into an investment property within close proximity to some of the region's most rapidly growing job locations including the Navy's newly built $1B Silver Strand Training Complex, the $1.3B Chula Vista Bayfront Development, and Amazon's new 3 million sqft fulfillment center, the largest in all of California. Large 8-car parking lot and outdoor yards provide potential to possibly add value by constructing garages or additional living units. Buyer and buyer's agent to verify all, including feasibility of adding garages or more units. Unit # for Unit 1: 1484 Unit # for Unit 2: 1486 Unit # for Unit 3: 1488 Unit # for Unit 4: 1490 Number of Furnished Units: 0

Location

State CA

County San Diego

Area 91932 - Imperial Beach

Interior

Heating Natural Gas

Cooling None

Fireplace No

Exterior

Fence Partial

Roof Type Rolled/Hot Mop

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 6332324500

Acceptable Financing Cash, Conventional, Cal Vet Loan, FHA, VA Loan

Listing Terms Cash, Conventional, Cal Vet Loan, FHA, VA Loan

Financing VA

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California Regional MLS (CRMLS)
Listed by Patrick Kappel • Compass
Bought with Twana Rasoul • Compass
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