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1041 Calla Ave
Imperial Beach, CA 91932
Multifamily Property For Sale
·
7 Units


Investment Highlights
- 7-unit apartment property
- Just minutes from the beach, shopping, dining, and entertainment
- Refreshed exterior along with full fencing and gated access
Executive Summary
1041 Calla Ave in Imperial Beach offers a rare opportunity to own a 7-unit apartment property just minutes from the beach, shopping, dining, and entertainment. Comprised of six 2 bed / 1 bath units and one 1 bed / 1 bath unit, the property is ideally located in a highly walkable neighborhood with a walk score of 85, giving residents easy access to both coastal living and everyday conveniences. The property features a refreshed exterior along with full fencing and gated access. Three units have been fully updated, two units have been partially updated, and two units remain mostly original, offering additional upside potential for a new owner. A full 3D Matterport scan of the entire property is available for interested buyers. The 2-bedroom units are approximately 775 SF each, and the 1-bedroom unit is approximately 623 SF.
Property Facts Under Contract
| Price Per Unit | $299,286 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Gross Rent Multiplier | 14.6 | Building Size | 7,092 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1971 |
| Apartment Style | Low-Rise | Parking Ratio | 1.27/1,000 SF |
| Zoning | R4 | ||
| 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 |
Property Taxes
| Parcel Number | 626-222-18 | Improvements Assessment | $742,845 |
| Land Assessment | $1,671,402 | Total Assessment | $2,414,247 |
Property Taxes
Parcel Number
626-222-18
Land Assessment
$1,671,402
Improvements Assessment
$742,845
Total Assessment
$2,414,247
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