NOT LISTED FOR SALE

748 Calla Ave Imperial Beach, CA 91932

8 Beds
8 Baths
3,840 Sq Ft
1965 Built

Last Sold June 18, 2024

Last sale price $1,850,000 $482 Per Sq Ft

34 Days on Market

About This Home

As of June 2024

Pleased to present 748 Calla Ave, a four unit investment property in Imperial Beach consisting of all 960 SF, 2 bedroom and 1.5 bath units featuring private front and backyards. The property is two stories with in unit laundry. Units are in good interior condition, and the building has a new roof, sewer and a parking space per unit. The property's prime location offers unparalleled convenience with easy access to Imperial Beach, parks, schools, shopping centers, and major transportation routes. The offering memorandum attached for additional details.

Last Agent to Sell the Property

Kyle Connor

Nara Advisors, Inc. License #02192324 Listed on: 04/15/2024

Co-Listed By

Jason Lee

Nara Advisors, Inc. License #02068011

Last Buyer's Agent

Adriana Erni

Diamond Realty & Mortgage License #01258394

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Property is Fully Fenced

Community Details

  • 4 Units
  • Net Operating Income $75,534

Listing and Financial Details

  • Tenant pays for sewer, water, gardener
  • Assessor Parcel Number 626-131-26-00

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: Delaware St
  • Neighborhood: San Diego
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1965
  • 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, Wood/Stucco
  • Fencing: Full
  • Roof: Composition

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 626-131-26-00

Rental Info

  • Tenant Pays: Sewer, Water, Gardener

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 75534
  • Annual Expense Actual: 26890
  • Gross Rent Multiplier Actual: 16.0
  • Gross Sched Income Actual: 110424
  • Number Of Buildings: 1
  • Number Of Furnished Units: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Dryers: 4
  • Number Of Units With Patios: 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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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
06/18/2024 06/18/24 Sold $1,850,000 0.0% $482 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/14/2024 05/14/24 Price Changed $1,850,000 -2.4% $482 / Sq Ft
04/15/2024 04/15/24 For Sale $1,895,000 -- $493 / 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: 240008034

San Diego MLS