645 Florence St Imperial Beach, CA $ 1,800,000
645 Florence St
$ 1,800,000
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645 Florence St

Imperial Beach, CA, 91932
$ 1,800,000
Bedrooms2 Baths1.0 Sq 859

Monthly Estimate*

$ 11,083

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Single Family Home for sale in Imperial Beach, CA

for $1,800,000 with 2 bedrooms and 1 full bath. This 859 square foot home was built in 1949 on a lot size of 0.172153.

Prime development opportunity! This rare coastal asset is a shovel-ready mixed-use development opportunity with fully approved building and grading plans for a 10-unit apartment building plus 1 ground-floor commercial space in the core of Imperial Beach. The approved design maximizes density and unit efficiency while capitalizing on potential future ocean and Downtown San Diego skyline views. The project is ideally positioned to attract long-term tenants and commercial users due to its proximity to the beach, major employment centers, retail corridors, and regional transit. The unit mix and modern design provide strong rent growth potential and favorable operating efficiencies. With entitlements secured, developers potentially benefit from a shortened construction timeline, reduced entitlement risk, and immediate vertical development potential. This asset offers multiple exit strategies, including long-term hold for stabilized cash flow, refinance upon lease-up, or sale as a newly constructed coastal multifamily investment in a supply-constrained market. This is a turnkey opportunity to develop a premium mixed-use project in one of Southern California's fastest growing coastal communities.

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Single Family Active

Price

$ 1,800,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Detached

Lot Size

0.172153

Year Built

1949

Town/City

Imperial Beach

County/Region

San Diego

MLS | Web ID

260001554

Features
General
Sewer Sewer Connected
Heating Other/Remarks
Cooling Other/Remarks
Roof Other/Remarks
Appliances Other/Remarks
Zoning R-4:MULTIP
HOA Fee 0.0
Garage Spaces 0.0
Pool Features N/K
Construction Materials Wood/Stucco
Year Built 1949
Levels 1 Story
Property Subtype Detached
County San Diego
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name IMPERIAL BEACH
Full Baths 1
Status ACTIVE
City Imperial Beach
Senior Community Y/N N
MLS Area South Bay
Lot Size Units Acres
Lot Size Square Feet 7499.0
Property Attached Y/N N
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Freehold IDX
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Exterior
Fencing Needs Repair
Parking Features None Known
Water Source Meter on Property
Total Parking 2.0
Lot Size Area 0.17
Building Area Total 859.0
Waterfront Y/N N
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Interior
Total Stories 1
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Laundry Features Other/Remarks
Total Bedrooms 2
Total Baths 1
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* Excluded Features
List By
Ashraf Salim

Listing Agent

Sdpremier

Broker

(619) 300-8004

Phone

Affordability Calculator

$11,083
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,083
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/21/2026$1,800,000 Listed Price

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645 Florence St, Imperial Beach, CA, 91932 is a Single Family Home for sale at $1,800,000 with 859 sqft and a lot size of 0.172153. 645 Florence St has 2 bedrooms, 1.0 baths, and was built in 1949. The property's zip code is 91932 which is in Imperial Beach, CA