Asking Price: $2,250,000 | Active​​​​​​​

NOTE PRICE REDUCTION. 150 Steps to the Ocean with Investment Flexibility: "Elkwood Cottages by the Sea" each of the 5 cottage has its own name. 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 major add ons and 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.