NOT LISTED FOR SALE

955 Elder Ave Imperial Beach, CA 91932

4 Beds
2 Baths
1,786 Sq Ft
1959 Built

Last Sold June 26, 2020

Last sale price $643,000 $360 Per Sq Ft

43 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 1-Story Property
  • Partially Fenced Property
  • Gravity Heating System

About This Home

As of June 2020

Excellent opportunity to own 2 Imperial Beach units on one lot that look and live like 2 separate and charming little houses, either as investment or possibly to live in one and rent out the other. Corner lot with 2 separate, stand alone buildings and each unit facing different streets, exclusive use/large fenced yards and attached garages give the occupants space and privacy. [Supplement]: What an incredible opportunity to own 2 units with so much versatility and potential in this growing and ever developing beach city. The property is tucked away in a quiet neighborhood yet not far from stores, shops, transportation routes and services. Approximately 1.5 miles to the beach and the bustling Seacoast Dr. business district, the Imperial Beach pier and Pier Plaza where you'll find great new restaurants and shops nearby, breathtaking sunsets, parks, the Friday's Farmer's Market, community events all year round and just a reasonable walk or short bike ride to the Tijuana River National Estuarine and Research Reserve with free walking trails and guided tours.

Last Agent to Sell the Property

David Romero

Colwell Realty IB, Inc. License #01258014 Listed on: 03/11/2020

Last Buyer's Agent

CRMLS FILL Agent

CRMLS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,949 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gravity Heating System

Listing and Financial Details

  • Assessor Parcel Number 6264810100

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • N/K

Building Details

  • Operating Expense $14,242

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

6,949 Sq Ft Lot

Listing Details

  • CapRate: 3.20
  • Park Name: N/K
  • Subdivision Name Other: Imperial Beach
  • Property Type: Residential Income
  • Parcel Number: 6264810100
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Utilities

  • Heating: Yes
  • Heating Type: Gravity, Natural Gas, Wall Furnace

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Sq Ft: 6949.00

Multi Family

  • Gross Multiplier: 19.79
  • Gross Scheduled Income: 38400.00
  • Lot Size Area: 6949.0000 Square Feet
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Total Expenses: 14242.00
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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
06/26/2020 06/26/20 Sold $643,000 -15.4% $360 / Sq Ft
04/23/2020 04/23/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $760,000 -- $426 / Sq Ft
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 $10,460 $703,209 $503,075 $200,134
2024 $10,460 $689,421 $493,211 $196,210
2023 $10,216 $675,904 $483,541 $192,363
2022 $9,396 $662,652 $474,060 $188,592
2021 $8,960 $649,660 $464,765 $184,895
2020 $2,937 $158,089 $71,754 $86,335
2019 $2,946 $154,991 $70,348 $84,643
2018 $2,901 $151,953 $68,969 $82,984
2017 $2,830 $148,974 $67,617 $81,357
2016 $2,676 $146,054 $66,292 $79,762
2015 $2,765 $143,861 $65,297 $78,564
2014 -- $141,044 $64,018 $77,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200012531

California Regional Multiple Listing Service (CRMLS)

APN: 626-481-01-00

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