Five-Unit Apartment Property with
New
For Lease
$2,600,000
1240 70 Holly Avenue, Imperial Beach, CA 91932
Detached residences with private yards, on-site parking, and selective updates near the Pacific Ocean.
Space SizeContact for details
Property Size5,260 SF
Lot Size0.67 Acres
Days on Market4
Property Features for 1240 70 Holly Avenue
General Information
Standard status
Active
Size
5,260 SF
Net Rentable
5,260 SF
Total Parking Spaces
5
Lot size
0.67 Acres
Property subtype
Commercial
Zoning
R-3000
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$2,961
Amenities
front yards
rear yards
single-car garages
covered carport
Building Details
Year Built
1960
Building Size
5,260 SF
Tenancy
Multi
Listing Agency:
Berkshire Hathaway HomeService
(951) 226-5454
Listed By:
Thomas Rico ([email protected])
Source:
Mrmurrieta
Added: Aug 10
Changed: Aug 11
Last Checked: Aug 12 at 7:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeService
Investment Insights
Based on property information with market context.
This five-unit apartment property includes approximately 5,260 rentable square feet across detached, single-family-style residences, plus a 516-square-foot rear storage structure. The unit mix consists of two 2-bedroom/1-bath homes at roughly 860 square feet each, two 3-bedroom/1-bath homes of approximately 1,008 square feet each, and one 2-bedroom/2-bath residence measuring about 1,524 square feet. Built circa 1960, the homes include front and rear yards. Four units have single-car garages, while the remaining residence includes a covered carport. Select improvements include updated flooring, interior and exterior paint, plumbing and drain line work, electrical fixture and GFCI upgrades, roof work, refinished kitchen and bath surfaces, wall heaters, entry improvements, and fencing.
The property occupies approximately 0.67 acres west of Interstate 5 and about two miles from the Pacific Ocean in Imperial Beach. Zoning is R-3000, with a stated maximum density of 14 units per acre. Based on the site area, the stated maximum is nine dwelling units, with potential for additional units through the State Density Bonus Law or ADUs, subject to municipal review. One residence is vacant and ready for leasing, while another is occupied month-to-month. Access is provided through driveways only.
The property occupies approximately 0.67 acres west of Interstate 5 and about two miles from the Pacific Ocean in Imperial Beach. Zoning is R-3000, with a stated maximum density of 14 units per acre. Based on the site area, the stated maximum is nine dwelling units, with potential for additional units through the State Density Bonus Law or ADUs, subject to municipal review. One residence is vacant and ready for leasing, while another is occupied month-to-month. Access is provided through driveways only.
Key Highlights
- Five detached residences totaling approximately 5,260 rentable square feet
- Unit mix includes two 2‑bedroom/1‑bath, two 3‑bedroom/1‑bath, and one 2‑bedroom/2‑bath homes
- Rear storage structure measures 516 square feet
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
Explore this area
Business Placement
Demographics for 91932, CA
26,013
Population
10,276
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
85%
High-School Grad
4.3 sq mi
ZIP Area
6,050
Density / Sq Mi
$79,071
Median Household Income
$41,917
Median Earnings
$1,914
Median Rent
$811,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Detached residences with private yards, on-site parking, and selective updates near the Pacific Ocean.
Where is this apartment building located?
The property is located at 1240 70 Holly Avenue Imperial Beach, CA.
What is the lease rate?
The lease rate is $2,600,000.
What are key features of this property?
This property features: Five detached residences totaling approximately 5,260 rentable square feet; Unit mix includes two 2‑bedroom/1‑bath, two 3‑bedroom/1‑bath, and one 2‑bedroom/2‑bath homes; Rear storage structure measures 516 square feet
