Updated Aug 17, 2026
Southport Properties, L.P Acquires 10-Unit Multifamily In Imperial Beach For $3.2M
856 Calla Avenue
$3,200,000
Units
10
Asset Type
MultiFamily
Closing
Nov 2, 2022
About this deal
AI
The multifamily property located at 856 Calla Avenue in Imperial Beach, CA has been sold for a price of $3,200,000. The transaction took place on 11/03/2022 and involved a total of 10 units. The sale price per unit was $320,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,200,000
- Units: 10
- Price per Unit: $320,000
- Market: Imperial Beach, CA
The buyer of the property was Southport Properties, L.P, while the seller was Calla Condos LLC. The transaction was facilitated by brokers Connor Stolle and Carson Trujillo from Marcus & Millichap.
On the Map
$3,200,000
MultiFamily
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Players
Imperial Beach MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93