NOT LISTED FOR SALE

234 Date Ave Imperial Beach, CA 91932

8 Beds
4 Baths
-- Sq Ft
1965 Built

Last Sold June 23, 2020

Last sale price $1,350,000

11 Days on Market

About This Home

As of June 2020

Great opportunity to own an investment by the beach. This 4 unit complex is just steps from the beach and the pier plaza. The property features (4) two bedroom 1 bathroom units with a backyard patio, newer roof, fully fenced yard, solid management company and an upside with below market rents. Don't let this opportunity pass you by. Neighborhoods: Imperial Beach Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 1 Unit # for Unit 2: 2 Unit # for Unit 3: 3 Unit # for Unit 4: 4 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Garrett Pate

Pacific Realty Property Sales License #01459055 Listed on: 04/25/2020

Last Buyer's Agent

Patrick Kappel

Compass License #02017034

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Home Design

  • Rolled or Hot Mop Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • Sprinkler System

Community Details

  • 4 Units
  • Net Operating Income $57,158

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 6252822000

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Listing Details

  • CapRate: 4.15
  • Subdivision Name Other: Imperial Beach
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 6252822000
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas

Lot Info

  • Lot Features: Sprinkler System

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Scheduled Income: 81000.00
  • Net Operating Income: 57158.00
  • Number Of Units Total: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
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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
06/23/2020 06/23/20 Sold $1,350,000 -3.6% --
05/06/2020 05/06/20 Pending -- -- --
04/25/2020 04/25/20 For Sale $1,400,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,780 $1,476,416 $831,168 $645,248
2024 $17,780 $1,447,468 $814,871 $632,597
2023 $18,164 $1,419,088 $798,894 $620,194
2022 $18,000 $1,391,264 $783,230 $608,034
2021 $17,542 $1,363,985 $767,873 $596,112
2020 $17,893 $1,326,509 $742,845 $583,664
2019 $16,581 $1,300,500 $728,280 $572,220
2018 $16,125 $1,275,000 $714,000 $561,000
2017 $15,845 $1,250,000 $700,000 $550,000
2016 $2,576 $117,832 $35,106 $82,726
2015 $2,709 $116,063 $34,579 $81,484
2014 $2,678 $113,790 $33,902 $79,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200018702

California Regional Multiple Listing Service (CRMLS)

APN: 625-282-20-00

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