786 Basswood Ave, Imperial Beach, CA 91932

$3,400,000
6,360
SqFt

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Sold Price
$3,400,000
List Price
$3,550,000
Closing Date
Jun 20, 2025
Status
CLOSED
MLS#
250026145
Living Sq. Ft
6,360
City
Imperial Beach
Property Type
Multifamily

Property Description

Basswood Beach Apartments are ideally situated at the north end of Imperial Beach, offering direct access to the Silver Strand and Bayshore Bikeway with stunning views overlooking the San Diego National Wildlife Refuge. Nestled in a quiet, beach-town neighborhood with abundant street parking, the property provides a peaceful yet convenient coastal living experience. The community consists of two-bedroom, one-bath units, each featuring in-unit washers and dryers. Originally built in 1973, Basswood Beach Apartments underwent an extensive renovation in 2019, including fully upgraded interiors, a refreshed exterior, a new roof, and upgraded electrical panels. The turnkey units showcase high-end finishes, modern fixtures, and premium appliances, making this an exceptional investment opportunity for those seeking a low-maintenance, pride-of-ownership asset with strong cash flow potential. The prime location enhances walkability, with convenient retail options along Palm Avenue, less than half a mile away. Nearby businesses include Grocery Outlet, Starbucks, CVS, Dollar Tree, and Five Guys Burgers, among others. Additionally, the property is just minutes from Seacoast Drive, where residents can enjoy beachfront dining, lively bars, and the weekly farmers’ market.

Additional Information

Living Area
6,360
Stories
2
Parking Spaces
11

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Bill Anderson (858-245-4887) from Listing Office: Acre Investment Real Estate.

Selling Office: OUT OF AREA.

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