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615 Florence St
Imperial Beach, CA 91932
Coastal Southbay Multifamily - 5.01% Cap · Multifamily Property For Sale
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5 Units
Investment Highlights
- Fully Remodeled, Turnkey Property
- Rear Building Comprised of (4) 1Bdrm/1Bath Units
- Onsite Laundry, Air-Conditioning and Off-Street Parking
- Detached 3Bdrm/2Bath Front House (In-Unit Laundry)
- Strong In-Place Cap Rate
Property Facts
| No. Units | 5 | Building Size | 3,600 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1980/2023 |
| Building Class | C | Parking Ratio | 1.94/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | C/MU-1 - Commercial Mixed Use | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,600 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1980/2023 |
| Parking Ratio | 1.94/1,000 SF |
| Zoning | C/MU-1 - Commercial Mixed Use |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Ceiling Fans
- Kitchen
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $3,999 | 1,200 |
| 1+1 | 4 | $2,573 | 600 |
Property Taxes
| Parcel Number | 626-242-17 | Improvements Assessment | $734,213 |
| Land Assessment | $1,104,080 | Total Assessment | $1,838,293 |
Property Taxes
Parcel Number
626-242-17
Land Assessment
$1,104,080
Improvements Assessment
$734,213
Total Assessment
$1,838,293
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