$2,400,000
$2,400,000
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8,277 Sqft Lot
SOLD DATE : 04/05/2023
Key Details
Sold Price $2,400,000
Property Type Commercial
Sub Type Free Standing,Other/Remarks
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 230000994
Sold Date 04/05/23
Lot Size 8,277 Sqft
Acres 0.19
Lot Dimensions 101x82
Property Description
Presenting 645-649 Seacoast Drive & 645-649 Seacoast Drive. A six-unit property located across the street from the Beach in the highly desired coastal community of Imperial Beach. This sale consists of two parcels totaling 8,277 sqft at the north end of Seacoast Drive. The property has excellent development and upside potential. Located within the R-1500 High-Density zoning, and features alley access, giving multiple development options. Or, upgrade the units with high-end finishes for over a 55% potential upside in rents. There are six (6) 1 bedroom, 1 bath units, each with its own fenced yard, totaling approximately 2,640 sqft of rentable square footage. The property also includes six (6) off-street parking spaces. This property offers a rare opportunity to buy in one of San Diego's most up-and-coming coastal communities.
Location
State CA
County San Diego
Area Imperial Beach (91932)
Zoning R-1500
Interior
Heating Wall
Cooling Wall/Window
Flooring Vinyl, Wall to Wall Carpet
Exterior
Exterior Feature Cable Available, Part Fenced, Part Landscaped, Wood Fence
Garage Spaces
Roof Type Composition
Total Parking Spaces 6
Building
Story 1
Lot Size Range .25 Acres or less
Others
Acceptable Financing Cash, Cash to New Loan, Submit
Space Rent $99,000
Listing Terms Cash, Cash to New Loan, Submit
Financing Cash
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Bought with Glen Henderson • Big Block Realty, Inc.
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