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1130 Palm

Imperial Beach, CA 91932
  • $995,000
  • STATUS: PENDING
  • ON SITE: 24 Days
  • ID#: 220018895
Pending
UPDATED: 166 min ago
$995,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 960
    SQFT
  • $1,036
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Description

Excellently located commercially zoned duplex on major Imperial Beach thoroughfare with tons of potential. The property is commercially zoned but currently exists a two 1 bed 1 bath units with ample parking in front. Perfect property for an business owner/user with vision or as a bread-and-butter investment property.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/131128629
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1130 Palm Imperial Beach, CA 91932

  • Price: $995,000
  • Status: PENDING
  • On Site: 24 Days
  • Updated: 166 min ago
  • ID#: 220018895
2
Beds
2
Baths
0
½ Baths
N/A
Acres
960
SQFT
$1,036
$/SQFT
1953
Built
Neighborhood:
Palm Ave
County:
San Diego
Area:
Imperial Beach (91932)
Property Description
Excellently located commercially zoned duplex on major Imperial Beach thoroughfare with tons of potential. The property is commercially zoned but currently exists a two 1 bed 1 bath units with ample parking in front. Perfect property for an business owner/user with vision or as a bread-and-butter investment property.
Exterior Features

Exterior Stucco Fencing Partial Frontage N/K Irrigation N/K Parking For RV None Known Parking Garage Desc Unit1 N/K Parking Garage Desc Unit2 N/K Parking Garage Desc Unit3 N/K Parking Garage Desc Unit4 N/K Parking Non Garage Desc Unit1 Gated Parking Non Garage Desc Unit2 Gated Parking Non Garage Desc Unit3 None Known Parking Non Garage Desc Unit4 None Known Pool N/K Pool Heat None Known Roof Composition Site N/K Spa N/K Spa Heat None Known Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Units With Garages 0 Units With Patios 0

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment Wall/Gravity Heat Source Natural Gas Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 0 Water Heater Type Gas

Property Features

Actual Cap Rate 1.5 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 12000 Annual Expense Projected 12000 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community Imperial Beach Complex Features N/K Complex Park N/K Cross Streets 11th St Gross Rent Multiplier Actual 43.0 Gross Rent Multiplier Project 20.0 Gross Scheduled Income Actual 22800 Gross Scheduled Income Project 48000 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area South Bay Miscellaneous N/K Monthly Total Fees 0 Net Operating Income Projected 36000 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 3.5 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications N/K Tenant Pays ElectricityGas/Propane Terms CashConventionalOther/Remarks Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Projected Rent 2000.0 Unit1 Rent Actual 1000.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 2000.0 Unit2 Rent Actual 900.0 Water Meter On Property

San Diego MLS logo Listing provided courtesy of South Coast Commercial, Inc.. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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Neuman & Neuman Real Estate Inc.
516 5th Avenue
San Diego CA, 92101