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1413 Hemlock Ave 6 Unit Apartment Building $2,439,432 CAD ($406,572 CAD/Unit) 4.85% Cap Rate Imperial Beach, CA 91932

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INVESTMENT HIGHLIGHTS

  • STABLE INCOME
  • UPGRADED CONDITION
  • GREAT LOCATION

EXECUTIVE SUMMARY

* GREAT UNIT MIX OF ONE BEDROOMS.
* SMALL APARTMENT COMMUNITY.
* STABLE CASH FLOW.
* BEACH COMMUNITY.
* MOSTLY LONG TERM TENANTS.
* AFFORDABLE / LOW UNIT PRICE UNDER $300,000 PER UNIT.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $2,439,432 CAD
Price Per Unit $406,572 CAD
Sale Type Investment
Cap Rate 4.85%
Gross Rent Multiplier 13.2
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.12 AC
Building Size 3,000 SF
Average Occupancy 100%
No. Stories 2
Year Built 1971
Parking Ratio 2/1,000 SF
Zoning R-3 - Residential Multi-Family

AMENITIES

UNIT AMENITIES

  • Disposal
  • Ceiling Fans
  • Refrigerator
  • Range
  • Tub/Shower
  • Double Pane Windows
  • Window Coverings

SITE AMENITIES

  • Laundry Facilities
  • Gas Range
  • Recycling
  • Smoke Free
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 6 $2,988 CAD 500

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
633-232-48
Land Assessment
$1,620,835 CAD
Improvements Assessment
$589,395 CAD
Total Assessment
$2,210,230 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 39084829

  • Date on Market: 2026-01-14

  • Last Updated:

  • Address: 1413 Hemlock Ave, Imperial Beach, CA 91932

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