111-123 Elkwood Ave, Imperial Beach, CA 91932 - Berkshire Hathaway HomeServices California Properties
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111-123 Elkwood Ave, Imperial Beach, CA 91932

$2,500,000 Approx. USD 0 beds, 0 baths
2,957 sqft

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Listing Agent


Nancy K Nobel
Lic#: 00685798
Broker: Courtesy of Nobel Prize Properties

Co Listing Agent


Mario Gandara

Agent Remarks

150 Steps to the Ocean with Investment Flexibility: "Elkwood Cottages by the Sea" each of the 5 units have their own names. 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 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.

Listing Details

Property type: Com-Res Income (Multi-family)
Status: ACTIVE
MLS# 250022243
Price: $2,500,000
Beds: 0
Baths: 0
2,957 sqft
0.16 acres
Lot size: .5 through .75 Acres
County: San Diego
Zoning: C/MU2
Construction: Frame,Other/Remarks
Exterior features: All Auto Sprinklers,Front Sprinklers,Fully Landscaped,Part Fenced,Rear Sprinklers,Wood Fence,Wood Deck
Parking description: Garages,Spaces
Amenities: Other/Remarks
Heating description: Wall
MLS area: IMPERIAL BEACH (91932)

Last Updated: 3/26/2025

 Days On Market (DOM): 18

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This listing belongs to the IMPERIAL BEACH (91932) MLS area

Lat/Long: 32.577920, -117.131249.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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