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645 Seacoast Dr Imperial Beach, CA 91932
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260025992SD
HOA Y/N No
Property Sub-Type Mixed Use
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 91932 - Imperial Beach
Interior
Fireplace No
Exterior
Total Parking Spaces 6
Others
Tax ID 6250130200
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry
Listed by Jared Wallach Marcus & Millichap