273 Date Ave 2 Unit Apartment Building $1,500,000 ($750,000/Unit) Imperial Beach, CA 91932

CBRE is pleased to offer for sale 273 Date Avenue, a two-unit residential community located just two blocks from the sand in San Diego County’s Imperial Beach. An excellent investment or owner-occupant opportunity, 273 Date offers a new investor significant immediate rental upside or the ability to live in one unit while renting out the other, as one unit is currently being held vacant by ownership. Built in 1981, the property features an ideal unit mix of two (2) spacious three-bedroom, two-and-a-half-bathroom, townhome-style floor plans, each with its own attached two-car garage, in-unit laundry, and interior courtyard. Each unit is individually metered for water, gas, and electricity, allowing an owner to fully recover utility expenses or have tenants pay their utility expenses directly to service providers.
The property enjoys proximity to employment, restaurants, entertainment, shopping, parks, schools, and the beach. As a result, the area attracts young professionals, families, retirees, and Naval personnel from the Navy Seal Training Center and Naval Outlying Landing Field, all seeking a beach lifestyle with strong sense of community. All of which make Imperial Beach ideal for multifamily investment.