CA > Imperial Beach
Imperial Beach, CA 91932,111 Elkwood Ave
Imperial Beach, CA 91932,111 Elkwood Ave
Imperial Beach, CA 91932,111 Elkwood Ave
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$2,250,000
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6,921 Sqft Lot
Price Dropped by $150K

111 Elkwood Ave Imperial Beach, CA 91932

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Jenny Wu

Jenny Wu

+1(909) 569-8888

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250022243SD

HOA Y/N No

Lot Size 6,921 Sqft

Property Sub-Type Mixed Use

Property Description

NOTE PRICE REDUCTION. 150 Steps to the Ocean with Investment Flexibility: "Elkwood Cottages by the Sea" each of the 5 cottage has its own name. This property presents a remarkable opportunity for those looking to capitalize on the thriving Imperial Beach coastal market. Here are some Potential Uses; 1) Live in this charming single-family craftsman beach home (2000sf removing one kitchen)with three helper rental units. 2) Zoned for vacation rentals without the City of San Diego Short Term Rental Constrictions. (#121 historically was a AIRBNB grossing $7000/month 3) Convert to a mixed use property with commercial on the first floor and condos above. 4) Use it as a commercial space immediately. Large parking lot across the street. Property Overview: Year Built: 1935 with major add ons and a giant facelift. Walk the tropical walkway w/banana trees between the buildings. 5 total units. The duplex units both have private fenced yards, The Triplex: 3 one bedrooms, A Garage: 1 plus 4 additional parking spaces off the alley. Renovations: Four of the five units have been thoughtfully renovated and professionally landscaped. Directly in the center of downtown Imperial Beach with a large parking lot across the street. No house meters except water. This property has been added on to for 90 years but completely renovated. The triplex is single wall construction and the duplex is on post and piers. The duplex's water meters are submetered. There is a floor safe and window AC upstairs in the roomy sunny master suite. There are individual Hot Water Heaters and no House Meters. Features : All New Windows. #123 front porch was rebuilt with a permit+a new kitchen+a floor safe+tiny extra room+lease includes the garage + two yards+ a sump+extra outside w/d shed. #121 Washer/dryer and bath were rebuilt with permits+new kitchen+bonus room+upstairs has large master suite+deck+Historically this unit was a vacation rental at $7000/month. #111 Is a fixer #113 Remodeled+new kitchen #115 Remodeled+a beautiful kitchen+outside sitting area.

Location

State CA

County San Diego

Area 91932 - Imperial Beach

Zoning C/MU2

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Roof Type Composition,Tar/Gravel

Total Parking Spaces 5

Others

Tax ID 6253910200

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

California Regional MLS (CRMLS)
Listed by Nancy Nobel • Nobel Prize Properties

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agent

Jenny Wu

Agent | License ID: 01817291

+1(909) 569-8888

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111 Elkwood Ave

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