645-49 Seacoast Dr Imperial Beach, CA $ 1,225,000
645-49 Seacoast Dr
$ 1,225,000
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645-49 Seacoast Dr

Imperial Beach, CA, 91932
$ 1,225,000
Bedrooms3 Baths3.0

Monthly Estimate*

$ 8,461

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Multi-Family Home for sale in Imperial Beach, CA

for $1,225,000 with 3 bedrooms and 3 full baths. This home was built in 1950.

MUST BE SOLD WITH THE IDENTICAL ADJACENT PROPERTY 651-655 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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Multi-Family Active

Price

$ 1,225,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Res Income 2-4 Units

Year Built

1950

Town/City

Imperial Beach

County/Region

San Diego

MLS | Web ID

260025956

Features
General
Cooling N/K
Roof Other/Remarks
Security Features N/K
Construction Materials Stucco
Year Built 1950
Tenant Pays Sewer Water Electricity Gas/Propane
Levels 1 Story
Property Subtype Res Income 2-4 Units
Community Features Laundry Facilities
Building Name n/a
County San Diego
Operating Expense 28038.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name IMPERIAL BEACH
Full Baths 3
Status ACTIVE
City Imperial Beach
Senior Community Y/N N
Number Of Units Total 3
MLS Area South Bay
Lot Size Units Acres
Property Attached Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/snd/260025956
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Cap Rate 3.07
Freehold IDX
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Exterior
Fencing Gate
Lot Size Area 0.0
Number of Buildings 2
Building Area Total 1350.0
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
Total Bedrooms 3
Total Baths 3
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* Excluded Features
List By
Jared Wallach

Listing Agent

Marcus & Millichap

Broker

(858) 373-3100

Phone

Affordability Calculator

$8,461
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,461
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/30/2026$1,225,000 Listed Price

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645-49 Seacoast Dr, Imperial Beach, CA, 91932 is a Multi-Family Home for sale at $1,225,000. 645-49 Seacoast Dr has 3 bedrooms, 3.0 baths, and was built in 1950. The property's zip code is 91932 which is in Imperial Beach, CA