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$ 1,225,000
Est. payment /mo
New
651 55 Seacoast Dr Imperial Beach, CA 91932
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Imperial Beach
MLS Listing ID 260025960SD
HOA Y/N No
Year Built 1950
Property Description
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.
Location
State CA
County San Diego
Area 91932 - Imperial Beach
Building/Complex Name Imperial Beach
Interior
Cooling None
Fireplace No
Exterior
View Y/N No
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 6250130300
Acceptable Financing Conventional
Listing Terms Conventional
Virtual Tour https://www.propertypanorama.com/instaview/snd/260025960
Listed by Jared Wallach Marcus & Millichap
NEARBY SCHOOLS & PROPERTIES