NOT LISTED FOR SALE

217 Evergreen Ave Imperial Beach, CA 91932

6 Beds
4 Baths
2,600 Sq Ft
1942 Built

Last Sold April 28, 2023

Last sale price $1,925,000 $740 Per Sq Ft

14 Days on Market

About This Home

As of April 2023

ONE BLOCK FROM THE BEACH! PERFECT FOR OWNER OCCUPANT, AIRBNB, AND MUCH MORE... 217-223 Evergreen is a rare and tremendous asset boasting a mix of (2) large 2BR 1BA and (2) 1BR 1BA units. You can't beat this at the beach - there are FIVE deep one car garages at the property and another 3 off street parking spots. The property boasts true pride of ownership with well maintained units and tons of upgrades throughout, including new roof in 2010. The property recently got Section 1 termite clearance, and with an available 2BR, it is perfect for owner occupant. For buyers looking to AirBnb or raise the rents, the other 2BR unit will be moving end of the month. Convert the ~1300 SF of garage space into multiple ADUs easily for more value! The property also has a large laundry room, common area space, a private yard for one of the units, and extra storage. See marketing package in "D" for more!

Last Agent to Sell the Property

Florian Sighe

The Browar Group License #02072593 Listed on: 03/16/2023

Co-Listed By

Jason Lee

Nara Advisors, Inc. License #02068011

Last Buyer's Agent

Tania Rivera

Compass License #01963784

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Partially Fenced Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 6253622300

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Imperial Beach Community

Building Details

  • Net Operating Income $69,258

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Evergreen
  • Neighborhood: Imperial Beach
  • LP / Sq Ft: 21.03
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • Year Built: 1942
  • 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: Stucco
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: Imperial Beach
  • Community: IMPERIAL BEACH

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 6253622300

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 69258
  • Gross Rent Multiplier Actual: 18.8
  • Gross Rent Multiplier Projected: 15.0
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $1,925,000 -3.7% $740 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $1,999,999 -- $769 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,849 $2,002,770 $1,690,650 $312,120
2024 $23,849 $1,963,500 $1,657,500 $306,000
2023 $17,585 $1,425,000 $1,125,000 $300,000
2022 $10,921 $837,480 $619,024 $218,456
2021 $10,795 $821,060 $606,887 $214,173
2020 $10,609 $812,642 $600,665 $211,977
2019 $10,020 $796,709 $588,888 $207,821
2018 $10,840 $781,089 $577,342 $203,747
2017 $10,714 $765,774 $566,022 $199,752
2016 $9,744 $750,760 $554,924 $195,836
2015 $9,460 $739,484 $546,589 $192,895
2014 $4,985 $352,074 $260,235 $91,839
Source: Public Records

Agents Affiliated with this Home

  • Florian Sighe

    Seller's Agent in 2023

    Florian Sighe

    The Browar Group

    (619) 894-3030

    1 in this area

    49 Total Sales

    Florian Sighe
    Section Image
  • Jason Lee

    Seller Co-Listing Agent in 2023

    Jason Lee

    Nara Advisors, Inc.

    (858) 336-9688

    4 in this area

    126 Total Sales

    Jason Lee
    Section Image
  • Tania Rivera

    Buyer's Agent in 2023

    Tania Rivera

    Compass

    (858) 848-4232

    1 in this area

    24 Total Sales

    Tania Rivera
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 230004891

San Diego MLS

APN: 625-362-23-00

California San Diego County Imperial Beach 91932

217 Evergreen Ave, Imperial Beach, CA

Not Listed for Sale

MultiFamily

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