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$2,450,000
Est. payment /mo
6 Beds
6 Baths
2,720 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 2,720 sqft
Price per Sqft $900
MLS Listing ID 260025992
Bedrooms 6
Full Baths 6
Property Sub-Type Com-Res Income
Property Type Com-Res Income
Property Description
Peased 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 South Bay
Interior
Cooling None
Flooring Vinyl
Fireplace No
Exterior
Parking Features Spaces
View Y/N No
Total Parking Spaces 6
Building
Story 1
Others
Senior Community No
Tax ID 625-013-02-00
Acceptable Financing Owner May Carry 1st
Listing Terms Owner May Carry 1st
Special Listing Condition Call Agent
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Listed by Jared Wallach • Marcus & Millichap
Nearby School & Business
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