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645-55 Seacoast Dr
Imperial Beach, CA 91932
$2,450,000
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.
| Listing Id: | 260025992 |
|---|---|
| List Price: | $2,450,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Com-Res Income |
| Status: | Active |
| Bedrooms Total: | 6 |
| Bathrooms Full: | 6 |
| Living Area: | 2,720 |
| Waterfront?: | No |
| City: | Imperial Beach |
| County Or Parish: | San Diego |
| Postal Code: | 91932 |
| Year Built: | 0 |
| Number Of Units Total: | 6 |
| Basement: | false |
| Bathrooms Total Integer: | 6 |
| Building Area Total: | 2,720.0 |
| Building Area Units: | Sqft |
| Feed Types: | IDX |
| Construction Materials: | Wood Fence |
| Cooling: | None |
| Flooring: | Vinyl |
| Levels: | 1 Story |
| Living Area Units: | Sqft |
| Lot Size Units: | Acres |
| MLS Area Major: | South Bay |
| Parcel Number: | 625-013-02-00 |
| Parking Features: | Spaces |
| Photos Change Timestamp: | 2026-10-30T15:56:24Z |
| Special Listing Conditions: | Call Agent |
| State Or Province: | CA |
| Stories: | 1 |
| Sdmls Area Zip: | IMPERIAL BEACH (91932) |
| Sdmls Lvt Date: | 2026-10-30 |
| Original List Price: | $2,450,000 |
| Sale Or Rent: | For Sale |
| Sdmls Status Detail: | 0 |
| Building Area Source: | Buyer to Verify |
| Listing Terms: | Owner May Carry 1st |
| Sdmls Internet Address: | 645-55 Seacoast Dr |
| Operating Expense: | $56,075 |
| Sdmls Have: | 6 Units |
| Sdmls Unit Rent1: | 1879 |
| Sdmls Proj Gross Multiplier: | 13.52 |
| Sdmls Projected Net Income: | 119704 |
| Sdmls Motive Want: | Sell |
| Gross Scheduled Income: | $135,267 |
| Number Of Buildings: | 4 |
| Sdmls Numof Units1: | 6 |
| Sdmls Numof Leased Apartments: | 6 |
| Sdmls Max Search Price: | 2,450,000 |
| Sdmls Price Unit: | 408,333 |
| Sdmls Unit Rent Total1: | 11,272 |
| Total Actual Rent: | $11,272 |
| Sdmls Age: | 1,950 |
| Parking Total: | 6 |
| Sdmls Geo Update Timestamp: | 2026-10-30T15:56:24.3 |
| Sdmls Full Address: | 645-55 Seacoast Dr |
| Sdmls Pp Insta: | https://www.propertypanorama.com/instaview/snd/260025992 |
| Showing Requirements: | Call First |
| On Market Date: | 2026-10-30 |
Listing Courtesy of: Marcus & Millichap
Listing Agent: Jared Wallach
424-205-3800
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, noncommercial 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 © 2025 San Diego MLS.
© 2026 San Diego MLS.
San Diego MLS data last updated on November 01, 2026 12:12 AM - PT.
Property Last Updated: November 01, 2026 12:12 AM - PT
