1240-70 Holly Avenue, Imperial Beach, CA 91932
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
Listed by: thomas rico
Office: berkshire hathaway homeservice
MLS#:NDP2608136
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,600,000
About this home
12401270 Holly Avenue represents a rare opportunity to acquire a well maintained, five unit multifamily asset with meaningful value add and redevelopment potential in Imperial Beach, San Diegos southernmost coastal community. The property is situated west of Interstate 5 and approximately two miles from the Pacific Ocean, placing it within a rapidly evolving coastal submarket characterized by sustained renter demand, ongoing revitalization, and increasing investor interest. Long term family ownership and consistent upkeep underscore the stability and pride of ownership inherent in this offering. The asset comprises approximately 5,260 rentable square feet across five detached single family style residences, supplemented by a large rear storage structure. The unit mix includes two 2 bedroom/1 bath units of roughly 860 square feet each, two 3 bedroom/1 bath units of approximately 1,008 square feet each, and one 2 bedroom/2 bath unit of approximately 1,524 square feet. All homes are believed to have been constructed circa 1960 and feature both front and rear yards. Four units are equipped with single car garages, while one unit offers a covered carport, providing ample on site parking and enhancing tenant convenience. The generous outdoor areas present opportunities for future enhancements that may support increased rental value. The property has been selectively upgraded over time, including interior and exterior painting, new flooring, entry improvements, plumbing and drain line upgrades, replacement of water valves and fixtures, electrical fixture updates with GFCI outlet e...
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Home facts
- Listing ID #:NDP2608136
- Added:24 day(s) ago
- Updated:September 22, 2026 at 02:16 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
Structure and exterior
- Construction Materials:Stucco
- Levels:1 Story
Finances and disclosures
- Price:$2,600,000
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