277 Evergreen, Imperial Beach, CA 91932

Property Description

For sale 277 Evergreen, a 6-unit residential community steps from the beach with modern architecture and wellmanicured landscaping to create the perfect living environment. An excellent investment opportunity, 277 Evergreen offers a new investor significant immediate rental upside. Built in 1973, the property features an ideal unit mix of spacious one-bedroom and two-bedroom floor plans, individually metered for gas and electric. The property also has 6 parking spaces and a private laundry facility for the tenant’s convenience. Recent capital improvements include new electrical main and sub panels, roof (replaced November 2020), and passed SB 721/E3 balcony inspection on August 7, 2024. The property enjoys proximity to employment, restaurants, entertainment, shopping, parks, schools, and the beach. As a result, the area attracts young professionals, families, retirees, and Naval personnel from the Navy Seal Training Center and Naval Outlying Landing Field, all seeking a beach lifestyle with strong sense of community. All of which make Imperial Beach ideal for multifamily investment.