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243 Dahlia Ave 2 Unit Apartment Building $4,414,080 CAD ($2,207,040 CAD/Unit) 3.90% Cap Rate Imperial Beach, CA 91932
INVESTMENT HIGHLIGHTS
- New Construction
- 1.5 Blocks to the beach
- Units sold Separately or together, no HOA
EXECUTIVE SUMMARY
New construction duplex 1.5 blocks from beach in one of the last untapped markets in Souther California. Each units has its own parcels # and can be sold individually or together, no common areas and no HOA fees.
Each unit is 3 bd/2.5 bath 1,868 sf, oversized 1 car garage, with space for 3 cars in driveway. Lots of outdoor space with a huge side patio, master balcony, back yard, and large rooftop deck with views to Point Loma. Rooftop solar is owned and activated.
Sewage treatment is underway and planning of a new oceanfront hotel is taking place in this last untouched beach community.
Minutes from Coronado and Down Town San Diego.
Each unit is 3 bd/2.5 bath 1,868 sf, oversized 1 car garage, with space for 3 cars in driveway. Lots of outdoor space with a huge side patio, master balcony, back yard, and large rooftop deck with views to Point Loma. Rooftop solar is owned and activated.
Sewage treatment is underway and planning of a new oceanfront hotel is taking place in this last untouched beach community.
Minutes from Coronado and Down Town San Diego.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$204,151
|
$54.64
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$204,151
|
$54.64
|
| Taxes |
$34,485
|
$9.23
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$34,485
|
$9.23
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $204,151 |
| Annual Per SF | $54.64 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $204,151 |
| Annual Per SF | $54.64 |
| Taxes (CAD) | |
|---|---|
| Annual | $34,485 |
| Annual Per SF | $9.23 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $34,485 |
| Annual Per SF | $9.23 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer Hookup
- Heating
- Tile Floors
- Double Vanities
- Kitchen
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Yard
- Deck
- Dining Room
- Double Pane Windows
- Handrails
- Island Kitchen
- Pantry
- Patio
- Smoke Free
- Vinyl Flooring
- Quartz Countertops
- Floor to Ceiling Windows
SITE AMENITIES
- Individual Locking Bedrooms
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 2 | - | 1,868 |
1 1
Walk Score®
Very Walkable (76)
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243 Dahlia Ave
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