Property Description

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.

Features
: Wall Furnace
: Wall/Window Unit(s)
: Partial, Wood
: Deck
: Garage, Spaces
: Wood, Carpet, Vinyl
: Owned
Appliances
: Disposal, Refrigerator, Range
Address Map
US
CA
SD
Imperial Beach
91932
Elkwood Ave
111-123
W118° 52' 7.5''
N32° 34' 40.5''
From I-5 is to exit Coronado (one exit south of Palm) and drive to the ocean and turn right two blocks
South Bay
C/MU2
Additional Info
Nobel Prize Properties
Additional Information
: Other/Remarks
: Other, Frame
: One, Two
: Sprinklers In Front, Landscaped, Sprinklers In Rear, All Auto Sprinklers
5
2
https://www.propertypanorama.com/instaview/snd/250022243
Listing Information
CR-SBGANDMAR
CR-SB1356960
W&D Real Estate Investments
611192
60389
ACTIVE
2025-03-27T01:57:16Z
sdmls
: N/K

Residential Income Additional

111-123 Elkwood Avenue, Imperial Beach Ca 91932

7 Bedrooms
2,957
$2,500,000
Listing ID #250022243
Basic Details
Property Type : Residential Income Additional
Listing Type : For Sale
Listing ID : 250022243
Price : $2,500,000
Bedrooms : 7
Square Footage : 2,957
Lot Area : 0.16 Acre
Status : Active
Property Sub Type : Com-Res Income
Roof : Composition, Tar/Gravel
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