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Listed by Mario Gandara of W&D Real Estate Investments (310-210-5789)
LOCATION, LOCATION, LOCATION!!!! 111-123 Elkwood Ave is a well-maintained 5-unit craftsman property in Imperial Beach. The property is comprise of three structures including a garage with 5 parking spaces. The rents total $11,790/month. Rare opportunity to own 5 units next to the sand in Imperial Beach. The property underwent extensive capital improvements. All but one unit has been remodeled. THIS PROPERTY IS ZONED FOR AIRBNB providing an investor significant upside. It consists of a large, 2-story duplex, and a single-story triplex. The duplex consists of one 2-bed/2-bath that has in-unit washer/dryer, a private yard, an extra room, and ocean views from the second story. The other unit is a 2-bed/1-bath with two private yards, a garage, and a laundry shed. The other building is a triplex consisting of three 1-bed/1-bath units with two of them being recently renovated. The total rentable square footage for all 5-units is 2,957 square feet on a 6,929 square foot lot. The zoning is C/MU2. Feel free to walk the property but do not disturb the tenants.

Property Details of 123 Elkwood Street

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Based on information submitted to CRMLS as of February 19, 2025 1:23 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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