204 Evergreen Ave

Imperial Beach, CA 91932

PRICE REDUCED

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-$50,000 (-3.23%)

$1,499,000

List Price

N/A

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1965

calendar_month Built

Property Description

PRICE IMPROVEMENT -- Discover a rare chance to own a prime multifamily property just steps from the ocean in Imperial Beach. This versatile asset features a well-appointed 2BD/1BA house, alongside a 2-story building that contains a 1BD/1BA unit on the first floor and a studio unit on the second floor – offering a desirable mix of rental opportunities. All three units have access to a common area washer and dryer. Situated at the corner of Evergreen Ave. and 2nd Street, this property is a straight shot to the iconic Imperial Beach pier, with shops and restaurants just a short walk away. Perfect for owner-occupants: live in one unit and rent out the other two. Each building boasts its own detached garage, offering additional storage or the potential for ADU conversions to expand your investment. Positioned for significant rental income growth, thanks to its unbeatable proximity to the beach, vibrant dining, shopping, and an array of coastal activities. Don't miss out on this rare opportunity to invest in a property that seamlessly blends immediate rental income with the coveted beachside lifestyle.

Listing Information

List Price $1,499,000
Status Active
MLS 240021357SD
HOA $0
Type Residential Income
Year Built 1965
Lot Size 4,770
Structure Size N/A
DOM 89
Courtesy Of Starker West, Inc.
Listing Agent Eric Lowe DRE#02231420
Co-Listing Agent Seth Watje DRE#01805453

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type Zoned

Exterior Information

Maps

Listing information courtesy of: Eric Lowe, Seth Watje, Starker West, Inc. 619-776-2681. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 8th, 2024 at 12:50 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.