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    1340 Imperial Beach Blvd

    Imperial Beach, CA 91932
    • $1,750,000
    • STATUS: ACTIVE
    • ON SITE: 38 days
    • ID#: 200044779
    UPDATED: 32 min ago
    $1,750,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1979
    County:

    School Ratings & Info

    Description

    9,287 SF OFC/MED bldg positioned just blocks from the beach w/ easy access from San Diego’s I-5 FWY. Situated on a 14,032 SF parcel just 1 lot east of the bustling 13th St & Imperial Beach Blvd intersection, this asset stands out as the local community's premier OFC/MED bldg. The tenant roster boasts a seasoned mix of established tenants, catering to the dense coastal neighborhood of Imperial Beach. Standing 2 stories tall with ample off-street parking, the IB Prof Center is tastefully surrounded by various mature palms and well maintained garden landscaping. Numerous improvements have been made in recent years not limited to HVAC, interior/exterior paint, lighting, automatic perimeter gates and security system. Additional features include private storage units, individual suite restrooms, prominent building signage and an attractive modern exterior. With upside in rental income, this offering is perfect for the long term investor seeking a well maintained asset with a strong in-place and future cash flow.

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    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/109997934
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    1340 Imperial Beach Blvd Imperial Beach, CA 91932

    • Price: $1,750,000
    • Status: ACTIVE
    • Updated: 32 min ago
    • ID#: 200044779
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    1979
    Built
    Neighborhood:
    Imperial Beach (91932)
    County:
    San Diego
    Area:
    Imperial Beach (91932)
    Property Description
    9,287 SF OFC/MED bldg positioned just blocks from the beach w/ easy access from San Diego’s I-5 FWY. Situated on a 14,032 SF parcel just 1 lot east of the bustling 13th St & Imperial Beach Blvd intersection, this asset stands out as the local community's premier OFC/MED bldg. The tenant roster boasts a seasoned mix of established tenants, catering to the dense coastal neighborhood of Imperial Beach. Standing 2 stories tall with ample off-street parking, the IB Prof Center is tastefully surrounded by various mature palms and well maintained garden landscaping. Numerous improvements have been made in recent years not limited to HVAC, interior/exterior paint, lighting, automatic perimeter gates and security system. Additional features include private storage units, individual suite restrooms, prominent building signage and an attractive modern exterior. With upside in rental income, this offering is perfect for the long term investor seeking a well maintained asset with a strong in-place and future cash flow.
    Interior Features

    Estimated Square Feet 9287 Sq Ft Of Improvement 9287

    Property Features

    Actual Cap Rate 6.58 Actual Gross Scheduled Income 174150.0 Actual Operating Expense 50238 Assumable Finance 0 Buildings 1 Commercial Property Type Office Sale Mandatory Remarks None Known Market Area South Bay Motive Want Sell Occupancy Percent 100 Short Sale No

    Listing provided courtesy of Acre Investment Real Estate. 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