651-655 Seacoast Dr, Imperial Beach, CA 91932
Local realty services provided by:CENTURY 21 Masters
Listed by: jared wallach
Office: marcus & millichap
MLS#:260025960
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,225,000
- Price per sq. ft.:$907.41
About this home
MUST BE SOLD WITH THE IDENTICAL ADJACENT PROPERTY 645-649 SEACOAST DR. Each Property is Listed for $1,225,000 for a Total List Price of $2,450,000. Pleased to present 645–655 Seacoast Drive, a six unit coastal investment one block from the sand in Imperial Beach, California. The offering consists of 4 single-story buildings on two separate legal parcels — approximately 2,720 rentable square feet on a combined 8,277-square-foot site. The parcels must be sold together. Every unit is a one-bedroom, one-bath home of roughly 450 square feet. The property is 100% occupied, four of the six units have been partially renovated, and the roofs were replaced in September 2026 — taking one of the largest near-term capital items off an incoming owner’s list. Scheduled rents average $1,862 per unit against an estimated market rent of $2,500, roughly 34% upside as units turn over. Because each parcel holds three units, a buyer can finance each with residential one-to-four-unit loan programs rather than commercial multifamily debt....
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Home facts
- Year built:1950
- Subdivision & Development:IMPERIAL BEACH
- Listing ID #:260025960
- Added:1 day(s) ago
- Updated:October 30, 2026 at 05:41 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Living area:1,350 sq. ft.
Structure and exterior
- Year built:1950
- Building area:1,350 sq. ft.
- Construction Materials:Stucco
- Levels:1 Story
Finances and disclosures
- Price:$1,225,000
- Price per sq. ft.:$907.41
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