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0 Baths

$1,225,000

651 55 Seacoast Dr, Imperial Beach CA, 91932

Built in1950
Property typeResidential
Listed by Jared Wallach CA DRE# with Marcus & Millichap 818-212-2250

Overview

Active

Listed Oct 30, 2026

Updated 23h ago

MUST BE SOLD WITH THE IDENTICAL ADJACENT PROPERTY 645-649 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.

$8,150/mo

Est. mortgage payment based on a $1,225,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Jared Wallach CA DRE# with Marcus & Millichap 818-212-2250

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/31/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/31/2026 at 3:44 AM UTC Last Checked: 3:44 AM UTC

 

 

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