NOT LISTED FOR SALE

284 Imperial Beach Blvd Imperial Beach, CA 91932

8 Beds
4 Baths
3,600 Sq Ft
1965 Built

Last Sold March 02, 2015

Last sale price $850,000 $236 Per Sq Ft

About This Home

As of March 2015

Four 900sqft 2/1 apartments on the estuary! This is a rare chance to own a profitable multi-plex in an amazing IB location. All termite work done, passed inspection, have recent VA appraisal. 5.2% actual cap rate, and lots of upside for increasing that number due to location and newly-improved condition.

Last Agent to Sell the Property

Jamie Tuckey

Compass License #01942190 Listed on: 02/16/2015

Compass

Last Buyer's Agent

Jamie Tuckey

Compass License #01942190 Listed on: 02/16/2015

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 4,791 Sq Ft Lot
  • Gated Home

Home Design

  • Tar and Gravel Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 625-403-24-00

Community Details

Overview

  • 4 Units
  • N/K Community

Building Details

  • Net Operating Income $47,616

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: 3rd Street
  • Neighborhood: Imperial Beach
  • Stories: 2 Story
  • Sale Price List Price: 0.89
  • Total Stories: 2
  • Year Built: 1965
  • 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: Stucco
  • Fencing: Gate
  • Roof: Rock/Gravel

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Complex Name: n/k
  • Community: IMPERIAL BEACH

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Water District: CALIFORNIA AMERICAN
  • Zoning: R3
  • Assessor Parcel Number: 625-403-24-00
  • Land Use Code: n/k
  • Estimated Lot Sq Ft: 4791

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 47616
  • Annual Expense Actual: 16284
  • Gross Rent Multiplier Actual: 14.86
  • Gross Sched Income Actual: 63900
  • Number Of Buildings: 1
  • 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
03/02/2015 03/02/15 Sold $850,000 -10.5% $236 / Sq Ft
02/16/2015 02/16/15 For Sale $950,000 -- $264 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jamie Tuckey

    Seller's Agent in 2015

    Jamie Tuckey

    Compass

    (619) 301-8137

    6 in this area

    25 Total Sales

    Jamie Tuckey
    Section Image
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Map

Source: San Diego MLS

MLS Number: 150008507

San Diego MLS

APN: 625-403-24-00

California San Diego County Imperial Beach 91932

284 Imperial Beach Blvd, Imperial Beach, CA

This home is located at 284 Imperial Beach Blvd, Imperial Beach, CA 91932 since 16 February 2015. This property was built in 1965. 284 Imperial Beach Blvd is a home located in San Diego County with nearby schools including Mar Vista Academy, Mar Vista Senior High School, and Imperial Beach Charter School.

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