Save to Favorites
Print
Share
PRICE $1,800,000 dsIDX morgage calculator
BEDS 2
BATHS 1
HOME SIZE 859 sqft
LOT SIZE 7,406 sqft

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.

DAYS ON MARKET 5 LAST UPDATED 1/21/2026
TRACT IMPERIAL BEACH YEAR BUILT 1949
COMMUNITY South Bay COUNTY San Diego
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AREA South Bay
LOT 7405 sq ft
LOT DIMENSIONS 4,000-7,499 SF
STORIES 1
SUBDIVISION IMPERIAL BEACH
UTILITIES Sewer Connected
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only
Listed with SDpremier

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation ©2026 San Diego MLS®, Inc.

Properties on this website was last updated as recently as 1/26/26 1:41 AM PST.

This IDX solution is (c) Diverse Solutions 2026.


SATELLITE VIEW



 
CONTACT US ABOUT 645 FLORENCE ST
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Olga Finch to contact you even if your name is on a Federal or State "Do not call List".