$370,088
●
House -
Off Market
1357 Elm Ave.
Imperial Beach, CA 91932
2 Beds
1 Bath
810 Ft²
$668,306
RealtyHop Estimate
80.67%
Since Nov 1, 2016
CA-San Diego
Primary Model
About This Property
VA OK! ! 100% turnkey gem in happening IB! Light/airy
bungalow minutes to beach/Coronado. New stainless appliances,
granite tops, flooring, paint, fixtures in kitchen. Bathroom
all new down to the studs. New flooring and paint.
Updated windows, doors, trim and paint on exterior. New
concrete walkways, entry, and driveway. Deep garage has W/D
hookups. Nice sized fenced yard. One of two unit detached
condo project. No HOA fees, each maintains its own unit lot
area. Other unit sold FHA last year. Neighborhoods: IB
Equipment: Range/Oven Other Fees: 0 Sewer: Sewer
Connected Topography: LL
Unit Size
810 Ft²
Days on Market
117 days
Land Size
0.07 acres
Price per sqft
$457
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (SDMLS #160034947)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 18, 2018 | Sold | ||
| Sold | |||
| Oct 24, 2017 | Listed by Reef Point Realty, Inc | $424,999 | |
| Listed by Reef Point Realty, Inc | |||
 | |||
|
Click on the Virtual Tour to see 360 degree shots and a floorplan. Fantastic, centrally located Imperial Beach homes just minutes from the bay and beach. This fully remodeled ranch style home is in a pristine setting creating an ideal opportunity to live in peaceful splendor. A state of the art open floor plan is sleek and modern with abundant natural light flowing throughout. Step through your front door in your living room with rich wood style flooring throughout the living area. See Supplement Remarks. Neighborhoods: Imperial Beach Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Oct 19, 2016 | Sold | ||
| Sold | |||
| Jun 24, 2016 | Listed by Speare Properties | $369,900 | |
| Listed by Speare Properties | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Southern San Diego
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Listed by: Richard Speare, Speare Properties
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 160034947
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 160034947
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