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Brian Aarestad, Sales Associate
SOLD
$3,011,500
Date 04/14/2023

231 Elm Avenue
Imperial Beach, CA 91932

Mixed Use
Residence
0.2222
Lot Size
Listing Agent: Nick Trejo CalDRE: 02015892 - Acre Investment Real Estate
We are pleased to present Elm Villas, a charming rental community located in the coastal area of Imperial Beach, California. The offering presents real estate investors the opportunity to acquire a pride-of-ownership coastal real estate asset in one of San Diegos most up-and-coming coastal communities. The Property consists of 8 units, resting on approximately 9,680 square feet of land. Originally constructed in the 1980, the Property is well-maintained and managed by the long-term current ownership. The Property is comprised of three (3) two-bedroom / one and half-bath two-story townhomes with ocean view balconies and both front and back patio areas, one (1) large two-bedroom / one-bath unit with L-shape ocean view balcony, four (4) studios situated over six (6) individual garages. The Property provides tenants with ample assigned off-street parking totaling eight (8) spaces, excluding garages, charming front courtyards, and one (1) on-site laundry facility. Four (4) of the eight (8) units have been nicely upgraded with newer cabinets, granite countertops, stainless steel appliances including refrigerators, fixtures, and sinks.
220027029SD
Mixed Use, Other
San Diego
0.2222 Acres
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Listing Agent: Nick Trejo CalDRE: 02015892 - Acre Investment Real Estate
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