NOT LISTED FOR SALE

1460-72 Grove Ave Imperial Beach, CA 91932

8 Beds
4 Baths
3,120 Sq Ft
1948 Built

Last Sold May 11, 2020

Last sale price $1,150,000 $369 Per Sq Ft

4 Days on Market

Highlights

  • Partially Fenced Property
  • Gravity Heating System
  • 1-Story Property
  • Level Lot

About This Home

As of May 2020

Fabulous Investment opportunity in Imperial Beach. Highly desirable 4 single story units - each 2 bedrooms, 1 bath. Each unit w/detached 1 car garage. Three units with upgraded kitchens flooring. Each unit includes washer and dryer hook-ups. Private backyards. Good size front yard. Located in quiet neighborhood. Close to schools, military bases, shopping and beach. Tenants are on month to month leases. Tenants pay electricity and water. Excellent upside potential. Please do not disturb tenants.

Last Agent to Sell the Property

Kay Merg

RE/MAX Connections License #01250327 Listed on: 04/09/2020

RE/MAX Connections

Last Buyer's Agent

Irene Amonette

Realty Executives Dillon License #00987080

Realty Executives Dillon

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Separate Water Meter
  • Water Heater

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity, hot water
  • Assessor Parcel Number 633-112-11-00

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Imperial Beach Manor Community

Pet Policy

  • Breed Restrictions

Building Details

  • Net Operating Income $30,501

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Granger
  • Neighborhood: Imperial Beach
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1948
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Block
  • Fencing: Partial
  • Roof: Rock/Gravel

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Electric
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Imperial Beach Manor
  • Pets Allowed: Allowed w/Restrictions
  • Community: IMPERIAL BEACH
  • Manager Name: Kitty Hawk

Lot Info

  • Irrigation: Automatic
  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Assessor Parcel Number: 633-112-11-00

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity, Hot Water

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 30501
  • Annual Expense Actual: 42760
  • Gross Sched Income Actual: 73261
  • Number Of Buildings: 2
  • Number Of Units With Garage: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 4

Range of Values:

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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
05/11/2020 05/11/20 Sold $1,150,000 0.0% $369 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $1,150,000 -- $369 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200016552

San Diego MLS