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757 9th St
Imperial Beach, CA 91932
Multifamily Property For Sale
·
12 Units
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.38 AC |
| Property Type | Multifamily | Building Size | 10,800 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1976/2019 |
| Building Class | C | Parking Ratio | 2.22/1,000 SF |
| Zoning | C | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 10,800 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1976/2019 |
| Parking Ratio | 2.22/1,000 SF |
| Zoning | C |
AMENITIES
UNIT AMENITIES
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Range
- Tub/Shower
ABOUT 757 9TH ST , IMPERIAL BEACH, CA 91932
757 9th Street is a 12 Unit Apartment complex that features a strong unit mix of twelve spacious 2 Bedroom / 1.5 Bathroom units each with their own in-unit Washer and Dryer hook ups. The property has a backyard area as well as a second parcel with 23 parking spaces. The units feature tile and carpeted flooring as well as ceiling fans. The structure, which was built in 1976, and parking lot combined total 17,050 square feet of land. Due to the desirable unit mix and strong rental market, there is 60% upside in the current rents. The offering includes APNs 626-281-04-00 and 626-281-05-00. PLEASE DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS. Imperial Beach is a residential beach city in San Diego County, California and is the most southern beach city in Southern California and the West Coast of the United States. It is in the South Bay area of San Diego County, 14.1 miles south of downtown San Diego and 5 miles northwest of downtown Tijuana, Mexico. Imperial Beach encompasses nearly 4 miles of beach including a dog friendly area and employs a year round lifeguard staff. The city connects to nearby Coronado, California by way of the Silver Strand, a narrow, 7 mile long isthmus. Silver Strand State Beach, a popular beach for camping, bird watching, and bicycling, is located in the middle of the isthmus and includes both bay and ocean beaches. Imperial Beach has become visitor-friendly and commercially viable. There has been recent construction of additional hotels, condos and restaurants along the beach areas of Seacoast Drive as Imperial Beach has become a more popular tourist destination. New coastal hotel developments as well as new Naval Facilities are some of the many factors that attribute to the strengthening rental market in Imperial Beach.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 12 | $1,058 | 900 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,406,018 | |
| Land Assessment | $1,749,831 | Total Assessment | $4,155,849 |
PROPERTY TAXES
