NOT LISTED FOR SALE

1417 Grove Ave Imperial Beach, CA 91932

8 Beds
8 Baths
-- Sq Ft
1979 Built

Last Sold October 21, 2015

Last sale price $843,000

95 Days on Market

Highlights

  • Level Lot
  • West of 5 Freeway
  • Gravity Heating System
  • Wood Siding

About This Home

As of October 2015

Extremely rare opportunity for an investor or owner occupier to buy an attractive, cash flowing, turn-key 4 plex in the increasingly sought after Imperial Beach community. Newly renovated 2bed/1.5bath spacious units with 4 garages. Upgraded kitchen with new bottom cabinets and new counter tops. New laminate flooring in bedrooms and white tile throughout units. All new dual pane windows. New exterior landscaping and interior paint. Imperial Beach is the most southwesterly city in the continental United States. Flanked by the Pacific Ocean and South San Diego Bay, this town is nestled between miles of uncrowded beaches, big surf and unparalleled open space and wetlands teeming with wildlife. Because this town is one of the last untouched beach towns in Southern California, it is known as Classic Southern California.

Last Agent to Sell the Property

David Cameron

South Coast Commercial, Inc. License #01269169 Listed on: 05/13/2015

Co-Listed By

Alex Gamboa

Realty Experts License #01948446

Last Buyer's Agent

Loren Uber

Uberco License #01320226

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Gravity Heating System
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • Level Lot
  • West of 5 Freeway

Community Details

  • 4 Units
  • Net Operating Income $44,374

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 6331710200

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: 14th Street
  • Neighborhood: Imperial Beach
  • Supplement: Imperial Beach is the most southwesterly city in the continental United States. Flanked by the Pacific Ocean and South San Diego Bay, this town is nestled between miles of uncrowded beaches, big surf and unparalleled open space and wetlands teeming with wildlife. Because this town is one of the last untouched beach towns in Southern California, it is known as Classic Southern California.
  • LP / Sq Ft: 18.4
  • Stories: 2 Story
  • Sale Price List Price: 0.99
  • Total Stories: 2
  • Year Built: 1979
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Available
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: IMPERIAL BEACH

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Assessor Parcel Number: 6331710200
  • Land Use Code: MFD

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 44374
  • Annual Expense Actual: 23138
  • Annual Expense Projected: 23138
  • Gross Rent Multiplier Actual: 11.49
  • Gross Sched Income Actual: 69600
  • Gross Sched Income Projected: 71760
  • Number Of Buildings: 1
  • Number Of Units With Garage: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2015 10/21/15 Sold $843,000 -3.7% --
07/08/2015 07/08/15 Pending -- -- --
04/04/2015 04/04/15 For Sale $875,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    David Cameron

    South Coast Commercial, Inc.

  • A

    Seller Co-Listing Agent in 2015

    Alex Gamboa

    Realty Experts

    Section Image
  • Loren Uber

    Buyer's Agent in 2015

    Loren Uber

    Uberco

    (619) 988-5277

    12 in this area

    60 Total Sales

    Loren Uber
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 150025805

San Diego MLS

APN: 633-171-02-00

California San Diego County Imperial Beach 91932

1417 Grove Ave, Imperial Beach, CA

This home is located at 1417 Grove Ave, Imperial Beach, CA 91932 since 13 May 2015. This property was built in 1979. 1417 Grove Ave is a home located in San Diego County with nearby schools including Emory Elementary School, Mar Vista Academy, and Mar Vista Senior High School.

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