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.
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DAYS ON MARKET
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11
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LAST UPDATED
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10/30/2026
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YEAR BUILT
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0
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COMMUNITY
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South Bay
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COUNTY
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San Diego
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STATUS
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Active
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PROPERTY TYPE(S)
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Multi Family
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| AIR |
None |
| AREA |
South Bay |
| LOT |
0 |
| STORIES |
1 |
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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