This Multifamily Property is no longer advertised on LoopNet.com.

1031 Imperial Beach Blvd
Imperial Beach, CA 91932
The Crest · Multifamily Property For Sale · 64 Units

Investment Highlights

  • Well Maintained
  • Many Recent Capital Improvements
  • Potential for Seller Financing at High Leverage
  • Diverse Unit Mix with Rents 30% below Market
  • 50% of Interior Units Upgraded

Property Facts

No. Units 64
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.28 AC
Building Size 49,952 SF
No. Stories 2
Year Built/Renovated 1973/2025
Parking Ratio 1.58/1,000 SF
Zoning R3

Amenities

Unit Amenities

  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Ceiling Fans
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Deck
  • Patio
  • Smoke Free

Site Amenities

  • 24 Hour Access
  • Clubhouse
  • Laundry Facilities
  • Sauna
  • Tenant Controlled HVAC
  • Grill
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 20 $1,310 464
1+1 15 $1,415 693
2+1 4 $1,785 704
2+1.5 8 $1,475 780
2+2 17 $1,790 988

Property Taxes

Property Taxes

Parcel Number
632-130-45
Land Assessment
$10,404,000
Improvements Assessment
$9,309,442
Total Assessment
$19,713,442
  • Listing ID: 27744176

  • Date on Market: 2/13/2023

  • Last Updated:

  • Address: 1031 Imperial Beach Blvd, Imperial Beach, CA 91932

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