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$ 2,420,000
$ 2,450,000 1.2%
Est. payment /mo
Sold on 05/06/2025
1343-47 Grove Ave Imperial Beach, CA 91932
8 Beds
4 Baths
796 SqFt
UPDATED:
Key Details
Sold Price $2,420,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 796 sqft
Price per Sqft $3,040
Subdivision Imperial Beach
MLS Listing ID 250018412
Sold Date 05/06/25
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1980
Lot Size 10,553 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Presenting a prime investment opportunity in the heart of Imperial Beach, this multifamily property at 1343 Grove Ave offers a strong mix of all 2-bedroom units, providing a reliable income stream for investors. Situated on a spacious 10,553 SF lot, the property boasts ample parking and is located in a highly desirable area with proximity to local amenities, schools, and just minutes from the beach. The property is well-maintained, with stable in-place rents, making it an ideal addition to any investment portfolio. With its combination of excellent location, and solid unit configuration, this property presents a unique chance for both immediate cash flow and long-term appreciation. Key Features: - All 2-bedroom units - Large 10,553 SF lot - Ample parking for tenants - Strong in-place rents Whether you're looking to expand your rental portfolio or secure a steady income property, 1343 Grove Ave offers a fantastic opportunity.
Location
State CA
County San Diego
Community Imperial Beach
Area Imperial Beach (91932)
Building/Complex Name IB
Exterior
Exterior Feature Wood/Stucco
Roof Type Composition
Building
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, Exchange
Space Rent $2,258
Listing Terms Cash, Conventional, Exchange
Financing Cash
Listed by Adam Cairo • Starker West, Inc.
Bought with Melvina Selfani • Century 21 Affiliated
Bought with Melvina Selfani • Century 21 Affiliated