651-655 Seacoast Dr
Imperial Beach, CA 91932
$1,225,000
MUST BE SOLD WITH THE IDENTICAL ADJACENT PROPERTY 651-655 SEACOAST DR. Each Property is Listed for $1,225,000 for a Total List Price of $2,450,000. Seller Financing Available. Call Casper Rooney (858)723-5274 for all inquiries, or email at Casper.Rooney@marcusmillichap.com Marcus & Millichap is 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.
| Listing Id: | 260025960 |
|---|---|
| List Price: | $1,225,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Res Income 2-4 Units |
| Status: | Active |
| Bedrooms Total: | 3 |
| Bathrooms Full: | 3 |
| Waterfront?: | No |
| City: | Imperial Beach |
| County Or Parish: | San Diego |
| Subdivision Name: | Imperial Beach |
| Postal Code: | 91932 |
| Year Built: | 1950 |
| Number Of Units Total: | 3 |
| Basement: | false |
| Bathrooms Total Integer: | 3 |
| Building Area Total: | 1,350.0 |
| Building Area Units: | Sqft |
| Feed Types: | IDX |
| Construction Materials: | Stucco |
| Cooling: | N/K |
| Fencing: | Gate |
| Levels: | 1 Story |
| Living Area Units: | Sqft |
| Lot Size Units: | Acres |
| MLS Area Major: | South Bay |
| Parcel Number: | 6250130300 |
| Photos Change Timestamp: | 2026-10-30T01:42:54Z |
| Roof: | Other/Remarks |
| Special Listing Conditions: | Call Agent |
| State Or Province: | CA |
| Stories Total: | 1 |
| Sdmls Neighborhood: | Imperial Beach |
| Building Name: | Imperial Beach |
| Sdmls Area Zip: | IMPERIAL BEACH (91932) |
| Sdmls Lvt Date: | 2026-10-29 |
| Original List Price: | $1,225,000 |
| Sale Or Rent: | For Sale |
| Sdmls Status Detail: | 0 |
| Community Features: | Laundry Facilities |
| Security Features: | N/K |
| Site: | Alley Access |
| Tenant Pays: | Sewer, Water, Electricity, Gas/Propane |
| Listing Terms: | Conventional |
| Sdmls Short Sale: | No |
| Sdmls Unit Numfor Unit1: | 651 |
| Sdmls Unit Numfor Unit2: | 653 |
| Sdmls Unit Numfor Unit3: | 655 |
| Sdmls Internet Address: | 651-655 Seacoast Dr |
| Operating Expense: | $28,037 |
| Sdmls Unit1 Projected Rent: | 2,500 |
| Sdmls Unit2 Projected Rent: | 2,500 |
| Gross Scheduled Income: | $67,634 |
| Number Of Buildings: | 2 |
| Sdmls Max Search Price: | 1,225,000 |
| Sdmls Unit3 Projected Rent: | 2,500 |
| Sdmls Geo Update Timestamp: | 2026-10-30T01:42:53.5 |
| Sdmls Full Address: | 651-655 Seacoast Dr |
| Sdmls Pp Insta: | https://www.propertypanorama.com/instaview/snd/260025960 |
| Sdmls Unit1 Full Baths: | 1.0 |
| Sdmls Unit2 Full Baths: | 1.0 |
| Sdmls Unit3 Full Baths: | 1.0 |
| Sdmls Unit1 Beds: | 1.0 |
| Sdmls Unit2 Beds: | 1.0 |
| Sdmls Unit3 Beds: | 1.0 |
| Sdmls Lot Size: | 4, 000-7, 499 SF |
| On Market Date: | 2026-10-29 |
Listing Courtesy of: Marcus & Millichap
Listing Agent: Jared Wallach
424-205-3800
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© 2026 San Diego MLS.
San Diego MLS data last updated on October 30, 2026 01:45 AM - PT.
Property Last Updated: October 30, 2026 01:45 AM - PT
