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Residential Income for sale : 6 bedrooms : 217 Evergreen Ave in Imperial Beach

217 Evergreen Ave Imperial Beach

Ocean views; one block from the IB Pierbanner
$1,799,999
Prop. Type:
Residential Income
MLS® Num:
260003860
Status:
Active
Bedrooms:
6
Bathrooms:
4
Year Built:
1942
SHORT SALE OPPORTUNITY! Location, Location, Location! Welcome to the most southwesterly city in the continental U.S.—just one block from the beach! This exceptional multi-family propertyoffers coastal living at its finest, with easy access to the grand wooden pier and sweeping views of Downtown San Diego and the Coronado Islands. Perfect for anowner-occupant, Airbnb host, or traveling professionals, this property offers incredible flexibility and income potential. It features four well-maintained units: Thereare a total of FOUR units (2) large 2BR 1BA and (2) 1BR 1BA units PLUS FIVE deep one car garages at the property and another THREE off street parking spots.The property showcases true pride of ownership with well maintained units and tons of upgrades throughout. CONVERT the 1300 sqft of garage space into multipleADUs easily for more value! The property also has a large laundry room, common area space, a private yard for one of the units, and extra storage. This is a rareopportunity to own a pride-of-ownership property in a highly desirable beachside location with tons of upgrades throughout. Whether you’re looking to house-hack,expand your rental portfolio, or build for multigenerational living, this property has it all.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
South Bay
Neighborhood Code:
Imperial Beach
Name of Complex/Subdivision:
IMPERIAL BEACH
Building Name:
.
Total Building Area:
Switch units of measure2,600 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
6
Bathrooms:
4
Full Bathrooms:
4
Half Bathrooms:
0
Stories:
2 Story
Total Stories:
2
Year Built:
1942
Age (in years):
Switch units of measure84 year(s)
Short Sale:
true
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Conventional, FHA, VA
Cap Rate.:
6.47
Gross scheduled income:
134807.0
Other income actual:
3360
Operating expense:
12569.0
Number of Units:
4
Number of Units with Cooling:
0
Tenant pays:
Sewer, Trash, Water, Cable TV, Electricity
Unit Number for Unit 1:
217
Unit Number for Unit 2:
219
Unit Number for Unit 3:
221
Unit Number for Unit 4:
223
Projected Rent for Unit 1:
$2,575
Projected Rent for Unit 2:
$2,575
Projected Rent for Unit 3:
$3,020
Projected Rent for Unit 4:
$3,020
Site Influences:
Alley Access
View:
Ocean
Complex Features:
Laundry Facilities
Special Listing Conditions:
Pre SS Pkg sbmd to lender
Age Restrictions:
N/K
Exposure Front:
Ocean/Bluff
Construction Material:
Stucco
Lot Size:
Switch units of measure4,792 sq. ft.
Parcel Number:
625-362-23-00
Heating:
Wall/Gravity
Heating fuel:
Electric
Cooling:
Wall/Window
Utilities:
Sewer Connected
Roof:
Other/Remarks
Security:
N/K
Water supply:
Meter on Property
Zoning:
R-3:RESTRI
Fencing:
N/K
Possession Details:
Close of Escrow
Listed by Compass
Data was last updated March 3, 2026 at 03:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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