Sold
306-308 Elm Ave
Imperial Beach CA, 91932
$1,955,400
$702.37 per sqft
Sold
8 Beds
4 Baths
2,784 sqft
Multi-family
Built in 1951
Only 2 Blocks from the beach! Situated on the corner of 3rd Street and Elm Avenue, this corner lot totals .27 acres. This sale consists of two parcels being sold together - 306-308 Elm Ave and 861-865 3rd St. The property consists of two duplexes, for a total of four (4) units. Each unit is 2 bedrooms, 1 bath, and approximately 692 square feet. In addition to the 4 units, there are two (2), 2-car detached garages that provide an excellent opprotunity to convert to ADUs, and each unit has its own fenced yard. The units can be upgraded to higher-end finishes, providing over a 40% potential upside in rents. This property offers a rare opportunity to own a large corner lot only 2-blocks from the beach in one of San Diego's most up-and-coming coastal communities.
230003954
MLSⓇ ID
March 2, 2023
Listed
February 15, 2024
Updated
Map
306-308 Elm Ave
Imperial Beach CA, 91932
Interior Features
Total Stories
1
Bedrooms
8 Beds
Bathrooms
4 Baths
Appliances
Gas Water Heater, Range/Oven, Refrigerator
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Electric, Wall/Gravity
Exterior/Building Features
Lot Size
0.27 Acres
Lot Features
Corner Lot, Curbs, Sidewalks, West of I-5
Roof
Composition
Other Property Details
Area Name
South Bay
Days on Market
28
Garage
Yes
Garage Spaces
4
Parking
Garage, Garage(Assigned, Detached), Non-Garage(Assigned)
View
Yes
View Description
City
County
San Diego
Water Source
Meter on Property
Pool
No
Pool Features
None
Zoning
R-1:SINGLE
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
---|---|---|
5/16/2023 | Price Change | $1,955,400 -7% |
5/16/2023 | Sold | $1,955,400 |
Listed by Big Block Realty, Inc., Glen Henderson,
Listing Contact: 619-996-8926
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Data last updated 8:59 PM UTC, 2/15/2024