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1147-1149 Grove Ave
Imperial Beach, CA 91932

$2,795,000 USD

Apartments For Sale • 6,366 SF

Property Details

Property Type Apartments
Total Building Size 6,366 SF
Lot Size 0.47 AC
Building Class C
Year Built 1978
Cap Rate 5.41 %
Zoning R2A, Imperial Beach

44 Transit Score

68 Walk Score

                
                    Highlights
                
                                Front House + Five Units on Large Lot
                            
                                Turnkey Fully Leased Coastal Asset
                            
                                Superior Unit Mix - Large Three and Two Bedrooms
                            
                                Low Vacancy Market - Lack of New Supply
                            
                                Well Amenitized with 12 Parking Spaces, Pool, and Bbq Area 1
                            
                                Significant Upside Potential with Construction of Multiple ADU's

Property Flyers

1147 Grove Ave 2026

Cap Rate:

5.41 %

Amenities

24 Hour Access
Controlled Access
Laundry Facilities
Pool
Heating
Kitchen
Refrigerator
Oven
Range
Tub/Shower
Online Services
Freezer
Walk-Up
Smoke Detector

Public Transportation

Airport	Drive	Walk	Distance
San Diego International	23 min	-	16.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	12
Type:	Surface
Included in Rent:	Yes

Nate Pepper 858-248-1222 CBRE

1147-1149 Grove Ave Imperial Beach, CA 91932