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    1190 13th Street

    Imperial Beach, CA 91932
    • $1,785,000
    • STATUS: ACTIVE
    • ON SITE: 43 days
    • ID#: 200044824
    Price Reduced
    $1,785,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Amazing beach units tastefully rehabbed with no details spared. The property has stable income and room to grow for more. The location is near all for all the beach neighborhood can offer. The new construction activity attracting more people to Imperial Beach during the last two years.

    Monthly Payment Calculator

    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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/110004052
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    1190 13th Street Imperial Beach, CA 91932

    • Price: $1,785,000
    • Status: ACTIVE
    • ID#: 200044824
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    Neighborhood:
    Imperial Beach (91932)
    County:
    San Diego
    Area:
    Imperial Beach (91932)
    Property Description
    Amazing beach units tastefully rehabbed with no details spared. The property has stable income and room to grow for more. The location is near all for all the beach neighborhood can offer. The new construction activity attracting more people to Imperial Beach during the last two years.
    Interior Features

    Sq Ft Of Improvement 3880 Units With Dishwashers 5 Units With Disposals 6 Units With Drapes 6 Units With Ranges 6 Units With Refrigerators 6

    Property Features

    Actual Cap Rate 4.84 Actual Cash Flow 87022 Actual Gross Operating Income 122570 Actual Gross Scheduled Income 126360.0 Actual Operating Expense 35548 Actual Vacancy And Credit Loss 3790 Assumable Finance 489000 Buildings 1 Fiscal Year From 19 Fiscal Year To 19 Flood Zone Hazard Unknown Geological Hazard Zone Hazard Unknown Gross Equity 1325000 Gross Multiplier 14.6 Have Six Rehabbed Beach Units Leased Apartments 6 Mandatory Remarks None Known Market Area South Bay Monthly Rent Total 10530 Motive Want Sell Or Exchange Projected Annual Pi Expense 13.05 Projected Cap Rate 4.6 Projected Gross Operating Inc 133340 Projected Gross Scheduled Inc 137460 Projected Net Income 82840 Projected Operating Expense 50500 Projected Vacancy And Credit Loss 4120 Short Sale No Tenant Pays Electric Y Tenant Pays Water Y Zoning Commercial

    Listing provided courtesy of Tayyar C. Egilmez. Listing information © 2020 San Diego MLS Inc. Source: SDMLS
    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 © 2020 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