235-41 Daisy Ave
Property Description
Rare opportunity to acquire a four-unit multifamily property in coastal Imperial Beach with existing rental income and value-add potential. Built in 1970, this two-story property offers approximately 2,772 square feet of living space on an approximately 4,840 square foot lot, with public records indicating 6 bedrooms and 4 bathrooms total. Two units are currently occupied and generate combined rents of $4,064 per month, providing immediate income. The property features older but functional interiors, creating an opportunity to modernize kitchens, bathrooms, flooring, paint, fixtures, and overall presentation. Two units in particular offer strong potential for renovation and increased value. Investors may also explore the feasibility of adding up to two additional units or ADUs, subject to zoning, permitting, regulations, and construction feasibility. Located near the Pacific Ocean, beaches, parks, restaurants, shops, and waterfront recreation, the property also provides convenient access to Highway 75, Interstate 5, Coronado, Chula Vista, downtown San Diego, and the U.S.-Mexico border. With four existing units, current rental income, a coastal San Diego location, and potential for improvements and expansion, this property presents an attractive value-add opportunity in Imperial Beach.
Broker Details
Real Broker (619) 248-6434
MLS ID: 711462 State License Number: 02139218
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,399,000 |
| No. of Units: | 4 |
| Year Built: | 1970 |
| Opportunity Zone: | No |
| Price per unit: | $349,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 4 |
ID: 3yd-SANDICOR-260024122
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
224-224A Dwight Street
San Francisco, California
3007-3009 S Hobart Boulevard
Los Angeles, California
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout