Investment Overview

*Please do not walk on property or disturb tenants* The Trujillo Group of Marcus & Millichap is pleased to present a 14-unit value add opportunity located in Imperial Beach. Constructed in 1973, this property is made up of 11,040 rentable square feet and is situated on a 15,847 square foot lot. 725 & 727 Boulevard Avenue consists of two adjacent buildings, each with 7 units, creating a 14-unit investment package. This complex is comprised of twelve (12) 2-Bedroom/1-Bathroom units and two (2) 2-Bedroom/1.5-Bathroom townhomes. Residents benefit from amenities such as off-street parking and access to two shared laundry rooms. Recent upgrades to the building include a new roof, improved plumbing, dual-pane windows, and updated kitchens and bathrooms in select units. Imperial Beach is enduring growing demand due to its close proximity to Coronado's Naval Amphibious Base (12,000 personnel) and Chula Vista's $1.3 billion Bayfront redevelopment. Being located in the Dolphin Bay neighborhood of Imperial Beach, this asset supplies investors with a stable tenant base and panoramic views that will never be compromised.