$4,500,000
$4,500,000
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9,511 Sqft Lot
SOLD DATE : 04/05/2023
Key Details
Sold Price $4,500,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 230000991
Sold Date 04/05/23
Lot Size 9,511 Sqft
Acres 0.22
Property Description
We are proud to present 148 & 154 Daisy Avenue, a 12-unit complex located less than a block from the beach in the highly desired coastal community of Imperial Beach. This property consists of two parcels totaling 9,511 sqft, and is comprised of (8) 1 bedroom, 1 bath units, and (4) 2 bedroom, 1 bath units, totaling approximately 8,004 sqft of rentalable square footage. The subject property boasts (12) off-street parking spaces and on-site laundry facilities. The units can be upgraded to high-end finishes, providing over a 45% potential upside in rents. This property offers a rare opportunity to capture a significant number of units in one of San Diego's most up-and-coming coastal communities.
Location
State CA
County San Diego
Area Imperial Beach (91932)
Zoning R-4:MULTIP
Interior
Heating Wall
Cooling None
Flooring Vinyl, Wall to Wall Carpet
Exterior
Exterior Feature Cable Available, Part Landscaped, Wood Fence
Parking Features Spaces
Roof Type Other/Remarks
Total Parking Spaces 12
Building
Story 2
Lot Size Range .25 Acres or less
Others
Acceptable Financing Cash, Cash to New Loan
Space Rent $209,270
Listing Terms Cash, Cash to New Loan
Financing Cash
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Bought with Glen Henderson • Big Block Realty, Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States