MUST BE SOLD WITH THE IDENTICAL ADJACENT PROPERTY 651-655 SEACOAST DR. Each Property is Listed for $1,225,000 with 6 Total Units. 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.
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DAYS ON MARKET
|
12
|
LAST UPDATED
|
10/29/2026
|
|
TRACT
|
IMPERIAL BEACH
|
YEAR BUILT
|
1950
|
|
COMMUNITY
|
South Bay
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COUNTY
|
San Diego
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STATUS
|
Active
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PROPERTY TYPE(S)
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Multi Family
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| AREA |
South Bay |
| CONSTRUCTION |
Stucco |
| LOT |
0 |
| LOT DIMENSIONS |
1-3,999 SF |
| STORIES |
1 |
| SUBDIVISION |
IMPERIAL BEACH |
Listed with Marcus & Millichap
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Properties on this website was last updated as recently as 11/10/26 1:36 PM PST.
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