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$3,495,000
144 Beds 24 Baths 260010914 MLS PENDING Status
Located at 739–747 Florida Street in the highly desirable coastal community of Imperial Beach, this rare 12-unit multifamily offering presents a compelling investment opportunity just minutes from the sand and with convenient access to the Interstate 5. The property consists of three adjacent parcels, each improved with a well-maintained 4-unit building, situated on an expansive ±24,000 square foot lot. The unit mix includes twelve spacious 2-bedroom / 1.5-bathroom apartments, each approximately 1,000 square feet, providing highly desirable layouts for tenants. The asset offers strong in-place fundamentals, including 18 off-street parking spaces, on-site laundry facilities, and private outdoor areas for each unit. Ownership has also recently completed a full window replacement across the property, reducing future capital expenditure needs. Currently, all units are leased on a month-to-month basis at rents significantly below market, presenting a clear and achievable value-add opportunity. With an estimated 35% rental upside, an investor can implement a strategic renovation program to modernize interiors, increase rents, and stabilize the asset to achieve strong cash flow and long-term appreciation. This is a rare chance to acquire a scale multifamily property in a supply-constrained coastal submarket with immediate upside potential. Opportunities of this size and proximity to the beach are seldom available—this is one you do not want to miss.

739-747 Florida St, Imperial Beach

$1,688,000
8 Beds 8 Baths OC26080797 MLS ACTIVE UNDER CONTRACT Status
Situated in San Diegos southernmost coastal pocket, this turnkey 4-plex features four expansive, 1,072 sq. ft. townhome-style residences. Each unit offers 2 bedrooms, 1.5 bathrooms, in-unit laundry, a private patio, and 2 designated parking spaces. This property presents a versatile opportunity: perfect for an owner-occupant looking to "house-hack" and enjoy a coastal lifestyle subsidized by rental income, or a savvy investor seeking a stabilized, high-performing asset with strong rental upside. Whether you are acquiring your first multifamily property or expanding an existing portfolio, this is a rare, low-vacancy opportunity to secure a premier stake on the San Diego coast. Highly rentable layout and prime location close to beaches, shopping, and transit. Situated in San Diegos southernmost coastal pocket, this turnkey 4-plex features four expansive, 1,072 sq. ft. townhome-style residences. Each unit offers 2 bedrooms, 1.5 bathrooms, in-unit laundry, a private patio, and 2 designated parking spaces. This property presents a versatile opportunity: perfect for an owner-occupant looking to "house-hack" and enjoy a coastal lifestyle subsidized by rental income, or a savvy investor seeking a stabilized, high-performing asset with strong rental upside. Whether you are acquiring your first multifamily property or expanding an existing portfolio, this is a rare, low-vacancy opportunity to secure a premier stake on the San Diego coast. Highly rentable layout and prime location close to beaches, shopping, and transit.

595 7th, Imperial Beach

$1,530,000
7 Beds 6 Baths PTP2507489 MLS CLOSED Status
GREAT INVESTMENT PROPERTY Rates are dropping - Lock in a low rate before they go back up. Thoughtfully transformed through a complete renovation, the residence was structurally updated & enhanced with every detail of design. Perfect for an owner-occupant, Airbnb host, or traveling professionals, this beach community property offers incredible flexibility and income potential. It features 3 new construction units: main single-family 1335 sq ft home (3 bed /3 bath) with attached 475 sq ft junior ADU (1 bed /1 bath) and detached 969 sq ft ADU (3 bed /2 bath). Features include , separate entrances, private yards, individual electric meters, open concept, vaulted ceilings, in-unit washer/dryers, refined finishes such as quartz counter tops, custom cabinetry and tile designs, energy efficient appliances and multizone heating evoke a sense of comfort and understated luxury. This exceptional multi-family property offers a rare investment coastal living opportunity! GREAT INVESTMENT PROPERTY Rates are dropping - Lock in a low rate before they go back up. Thoughtfully transformed through a complete renovation, the residence was structurally updated & enhanced with every detail of design. Perfect for an owner-occupant, Airbnb host, or traveling professionals, this beach community property offers incredible flexibility and income potential. It features 3 new construction units: main single-family 1335 sq ft home (3 bed /3 bath) with attached 475 sq ft junior ADU (1 bed /1 bath) and detached 969 sq ft ADU (3 bed /2 bath). Features include , separate entrances, private yards, individual electric meters, open concept, vaulted ceilings, in-unit washer/dryers, refined finishes such as quartz counter tops, custom cabinetry and tile designs, energy efficient appliances and multizone heating evoke a sense of comfort and understated luxury. This exceptional multi-family property offers a rare investment coastal living opportunity!

532 Elm, Imperial Beach

$1,550,000
9 Beds 7 Baths 250023061 MLS CLOSED Status
It is an honor to present for sale the six (6) unit apartment property at 637 10th Street, in the northerly Dolphin Bay area of Imperial Beach, close to the Bayshore Bikeway and several retail centers. The unit mix consists of: Four (4) one-bedroom/one-bathroom units and Two (2) three-bedroom/two-bathroom units, several of which have private patios/balconies and/or have been updated with vinyl plank flooring. Units are spacious, and the property has a total of eleven (11) surface off-street parking spaces, as well as a laundry room on-site. Very well priced 6 unit deal in IB! Much upside. About half of the units have been updated, while the other half of units could use renovation, for optimal operations over the long-term. Built of wood-frame construction upon a concrete slab foundation with a flat roof and stucco exterior, apartments all have screen doors and aluminum frame windows. The apartment building is separately metered for electricity and master metered for gas. Inside, the units have radiant heat and a standard appliance packages. An opportunity exists to modernize the apartments with higher-end finishes, fixtures and appliances, sufficient to justify higher rents and overall improved operations, in line with upgraded multifamily units in the immediate area. Owned by the same family for around 20 years, this is a rare opportunity with upside in the desirable northerly (Dolphin Bay) section of Imperial Beach, near the Bayshore Bikeway, providing easy access to Silver Strand and Coronado beaches. Good proximity to the beach (11 blocks) and its vibrant retail scene, with a unique array of breweries and restaurants.

637 10th St, Imperial Beach

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