Active

123 Elkwood Street

Imperial Beach CA, 91932

$2,500,000


Active

6 Beds

Multi-family

LOCATION, LOCATION, LOCATION!!!! 111-123 Elkwood Ave is a well-maintained 5-unit craftsman property in Imperial Beach. The property is comprise of three structures including a garage with 5 parking spaces. The rents total $11,790/month. Rare opportunity to own 5 units next to the sand in Imperial Beach. The property underwent extensive capital improvements. All but one unit has been remodeled. THIS PROPERTY IS ZONED FOR AIRBNB providing an investor significant upside. It consists of a large, 2-story duplex, and a single-story triplex. The duplex consists of one 2-bed/2-bath that has in-unit washer/dryer, a private yard, an extra room, and ocean views from the second story. The other unit is a 2-bed/1-bath with two private yards, a garage, and a laundry shed. The other building is a triplex consisting of three 1-bed/1-bath units with two of them being recently renovated. The total rentable square footage for all 5-units is 2,957 square feet on a 6,929 square foot lot. The zoning is C/MU2. Feel free to walk the property but do not disturb the tenants.

SB25019532

MLS ID

January 28, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

6


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.25 Acres


Lot Features

Sidewalks

Other Property Details

Days on Market

3


Garage

No


View

No


County

San Diego


Pool

No


Pool Features

None


Zoning

Public Rec

Listed by W&D Real Estate Investments, Mario Gandara,
Listing Contact: 310-210-5789 

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Data last updated 9:25 PM UTC, 2/20/2025

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