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Key Details
Sold Price $2,400,000
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Sold
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $941
MLS Listing ID 230000994
Sold Date 04/05/23
Bedrooms 2
Lot Dimensions 101x82
Property Sub-Type Com-Res Income
Type of Financing Cash,Cash to New Loan,Submit
Property Type Com-Res Income
Property Description
Presenting 645-649 Seacoast Drive & 645-649 Seacoast Drive. A six-unit property located across the street from the Beach in the highly desired coastal community of Imperial Beach. This sale consists of two parcels totaling 8,277 sqft at the north end of Seacoast Drive. The property has excellent development and upside potential. Located within the R-1500 High-Density zoning, and features alley access, giving multiple development options. Or, upgrade the units with high-end finishes for over a 55% potential upside in rents. There are six (6) 1 bedroom, 1 bath units, each with its own fenced yard, totaling approximately 2,640 sqft of rentable square footage. The property also includes six (6) off-street parking spaces. This property offers a rare opportunity to buy in one of San Diego's most up-and-coming coastal communities.
Location
State CA
County San Diego
Community Other/Remarks
Area South Bay
Zoning R-1500
Direction From 5 5wy: Exit CA-75/Palm Ave & go West. Slight left onto Palm Ave. Right onto Seacoast Dr. Property is on right.
Interior
Heating Wall
Cooling Wall/Window
Flooring Slab
Fireplace No
Exterior
Parking Features Spaces
View Y/N No
Roof Type Composition
Total Parking Spaces 6
Building
Story 1
Others
Senior Community No
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
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Bought with Glen Henderson Big Block Realty, Inc.
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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