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Listed by Marcus & Millichap, Jared Wallach, Listing Contact: [email protected] 
3 Beds
3 Baths
1,350 sqft

$1,225,000

651-55 Seacoast Dr, Imperial Beach CA, 91932

Price per sqft$907.41
Built in1950
Property size1,350 sqft
Property typeMulti-family

Overview

Active

Listed Oct 30, 2026

Updated 13h ago

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.

$8,150/mo

Est. mortgage payment based on a $1,225,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
260025960

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Basement
No

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Data last updated 11:30 PM UTC, 11/4/2026

   

 

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