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$ 3,550,000
Est. payment | /mo
$ 3,550,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250026145
Property Description
Basswood Beach Apartments are ideally situated at the north end of Imperial Beach, offering direct access to the Silver Strand and Bayshore Bikeway with stunning views overlooking the San Diego National Wildlife Refuge. Nestled in a quiet, beach-town neighborhood with abundant street parking, the property provides a peaceful yet convenient coastal living experience. The community consists of two-bedroom, one-bath units, each featuring in-unit washers and dryers. Originally built in 1973, Basswood Beach Apartments underwent an extensive renovation in 2019, including fully upgraded interiors, a refreshed exterior, a new roof, and upgraded electrical panels. The turnkey units showcase high-end finishes, modern fixtures, and premium appliances, making this an exceptional investment opportunity for those seeking a low-maintenance, pride-of-ownership asset with strong cash flow potential. The prime location enhances walkability, with convenient retail options along Palm Avenue, less than half a mile away. Nearby businesses include Grocery Outlet, Starbucks, CVS, Dollar Tree, and Five Guys Burgers, among others. Additionally, the property is just minutes from Seacoast Drive, where residents can enjoy beachfront dining, lively bars, and the weekly farmers' market.
Location
State CA
County San Diego
Area Imperial Beach (91932)
Zoning M
Exterior
Total Parking Spaces 11
Building
Story 2
Others
Space Rent $244,680
Listed by Bill Anderson • Acre Investment Real Estate
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