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Investment Highlights

  • 7-unit apartment property
  • Just minutes from the beach, shopping, dining, and entertainment
  • Refreshed exterior along with full fencing and gated access

Data Room Click Here to Access

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $119,916 $16.91
Other Income $8,183 $1.15
Vacancy Loss $3,828 $0.54
Effective Gross Income $124,271 $17.52
Taxes $16,208 $2.29
Operating Expenses $86,609 $12.21
Total Expenses $102,817 $14.50
Net Operating Income $21,454 $3.03

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $119,916
Annual Per SF $16.91
Other Income
Annual $8,183
Annual Per SF $1.15
Vacancy Loss
Annual $3,828
Annual Per SF $0.54
Effective Gross Income
Annual $124,271
Annual Per SF $17.52
Taxes
Annual $16,208
Annual Per SF $2.29
Operating Expenses
Annual $86,609
Annual Per SF $12.21
Total Expenses
Annual $102,817
Annual Per SF $14.50
Net Operating Income
Annual $21,454
Annual Per SF $3.03

Property Facts

Price $2,095,000
Price Per Unit $299,286
Sale Type Investment
Gross Rent Multiplier 14.6
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 7,092 SF
Average Occupancy 100%
No. Stories 2
Year Built 1971
Parking Ratio 1.27/1,000 SF
Zoning R4

Amenities

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 - 775
1+1 1 - 623
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
626-222-18
Land Assessment
$1,671,402
Improvements Assessment
$742,845
Total Assessment
$2,414,247
Annual Taxes
$16,208 ($2.29/SF)
Tax Year
2025 Payable 2025
  • Listing ID: 40699344

  • Date on Market: 5/28/2026

  • Last Updated:

  • Address: 1041 Calla Ave, Imperial Beach, CA 91932

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