Browse All Imperial Beach CA Between $3 Million - $4 Million Properties for Sale

This shovel-ready new development includes approved plans and permits, completed demolition, utility permits, and an installed temporary power pole, allowing construction to begin quickly. The high-end design features solar power, all-electric systems, ample parking, a highly visible location, and a commercial space equipped with a grease trap for flexible use. Located one block from the ocean in the heart of town, the units offer desirable views and strong coastal appeal. This high-end contemporary development offers ocean, bay, and mountain views just one block from the beach. The project spans three stories and includes 15 total units: 1 commercial space and 14 residential units (5 two-bedroom and 9 one-bedroom apartments). The property includes 18 dedicated off-site parking spaces. The approximately 13,000-square-foot lot is zoned for vacation rentals and designed with contemporary architecture focused on luxury living. Shovel-ready, city-approved project one block from the beach Seller will consider a partnership. City Council has approved plans for a three-story mixed-use development with residential and commercial units on a large corner lot near the beach and the new Navy SEAL Team base. The offering includes land, approved plans, permits, completed demolition, utility permits, and a temporary power pole already installed, allowing construction to move forward quickly. Features • High-end contemporary design with ocean, bay, and mountain views one block from the beach. • Three-story mixed-use project with 15 total units: 14 residential units and one commercial space. • Residential mix includes nine one-bedroom apartments and five two-bedroom apartments. • Commercial space includes a grease trap, supporting flexible food-service or retail use. • 18 dedicated off-site parking spaces. • Approximately 13,000-square-foot lot zoned for vacation rentals. • Solar power, all-electric systems, and low-maintenance landscaping. • Central courtyard designed for outdoor living and community gathering. • Recognized by the City of Imperial Beach and the Coastal Commission as a model of modern development. Location & Community Located on a prominent corner in a sought-after vacation rental zone, the property sits in a walkable beach community surrounded by three bodies of water. Its coastal setting, military demand, and proximity to international visitors support both short-term and long-term housing demand. The site is one block from the beach with convenient access to downtown San Diego, the airport, Mexico, major military bases, and regional tourist attractions. Nearby amenities include the pier, dining, fishing, estuaries, birdwatching, biking trails, surfing, paddleboarding, jet skiing, boating, and frequent public transportation service. Investment Highlights This shovel-ready mixed-use development offers a streamlined path to construction with approved plans, permits, completed demolition, utility permits, and temporary power already in place. The project combines coastal visibility, vacation-rental zoning, contemporary design, and flexible commercial use in a high-demand Imperial Beach location.

236 Palm, Imperial Beach

$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

$3,000,000

2600818 MLS ⋅ ACTIVE Status

positioned in the heart of town with expansive ocean views. Corner lot between 2 hotels. Street level, easy access. This impressive property combines modern elegance with functional design — offering 15-foot soaring ceilings, floor-to-ceiling glass walls, and a wrap-around deck that invites open-air enjoyment and seamless indoor-outdoor flow. Property Highlights: New construction with contemporary architectural detail Panoramic ocean and city views from nearly every vantage point 15’ ceilings and dramatic glass façade for abundant natural light Expansive wrap-around terrace ideal for luxury dining, private events, or executive gatherings Equipped with grease trap, HVAC, fire sprinklers, and electrical service All utilities stubbed out, offering effortless customization for your brand or concept Located in a prime, high-visibility area surrounded by elite amenities and vibrant commerce Whether envisioned as a signature restaurant, a boutique showroom, or an exclusive corporate space, this property delivers an unmatched blend of style, location, and potential. A rare opportunity to own a landmark property with both beauty and business promise.

801 Seacoast, Imperial Beach

$3,200,000

6 Beds ⋅ 4 Baths ⋅ 250034130 MLS ⋅ CLOSED Status

For sale 789 Calla Avenue, a 12-unit residential community ideally located in the heart of Imperial Beach. An excellent investment opportunity, 789 Calla offers a new investor significant immediate rental upside. Built in 1973, the property features an ideal unit mix of spacious one-bedroom and two-bedroom floor plans, individually metered for gas and electric. The property also includes 6 carports, 11 open spaces, and a private laundry facility for the tenant’s convenience. Recent capital improvements include new electrical main and sub panels, roof (replaced June 2021), and passed SB 721/ E3 balcony inspection on August 7, 2024. The property enjoys proximity to employment, restaurants, entertainment, shopping, parks, schools, and the beach. As a result, the area attracts young professionals, families, retirees, and Naval personnel from the Navy Seal Training Center and Naval Outlying Landing Field, seeking a beach lifestyle with strong sense of community. All of which make Imperial Beach ideal for multifamily investment.

789 Calla Ave, Imperial Beach

$2,500,000

4 Beds ⋅ 3 Baths ⋅ SW24097848 MLS ⋅ CLOSED Status

Immerse Yourself in Unparalleled Luxury: Oceanfront Estate in Imperial Beach. Coastal living at its finest, this exquisite beachfront property presents a rare opportunity to own a slice of paradise. Unveil the Grandeur: Automatic gates usher you into a captivating scene - a decorative fountain sets the stage for timeless elegance. Step inside to a haven of expansive living. The gourmet kitchen, with granite countertops & a bay window, boasts a built-in gas cooktop, ovens, microwave, and a breakfast counter for casual mornings. A sun-drenched breakfast nook with courtyard views complements the culinary haven. A dedicated den, perfect for quiet reflection features French doors & built-in shelves for displaying treasured possessions.Embrace Panoramic Ocean Vistas:Ascend to the second level, where breathtaking ocean & beach views unfold through floor-to-ceiling windows. Glass doors seamlessly connect you to a sprawling deck, your private oasis. Host evenings under the stars with a built-in BBQ, fire pit, & an inviting spa. Luxurious Living Redefined:Retreat to the great room, accentuated by soaring two-story ceilings. Brand-new LVP flooring throughout the home offers a touch of modern elegance.The sophisticated dining area features a coffered ceiling to create ambiance. The fireplace & built-in open cabinetry make this area a focal point.The abundance of light streaming in gives a sense of energy to the room. A Haven of Tranquility:Four spacious bedrooms provide a sanctuary for rest and relaxation. The Primary Bedroom with Retreat & fireplace is simply beautiful. Step out onto

1404 Seacoast Dr, Imperial Beach

$3,015,000

7 Beds ⋅ 6 Baths ⋅ 240001582 MLS ⋅ CLOSED Status ⋅ 1398 Seacoast BLDG.

5 fully remodeled units, some with direct ocean/beach views to West and Estuary views to East, all with direct beach access. 40' of oceanfront. All new kitchens and bathrooms with new wood floors and bathroom tile. New split systems for heat/AC (dual zone in Units A&B). 2 large, lockable storage spaces can be rented separately. Unit A sits right on beach with large, private patio and full ocean views from family room and upstairs master bedroom. Units B & C also have direct ocean views. Tenants enjoy private, elevated sand beach area. Oversized under building owner's storage area with additional washer/dryer. Units have been popular with DOD and Traveling Nurse tenants due to beach location and proximity to South Bay Naval & Medical facilities.

1398 Seacoast Dr, Imperial Beach

$3,900,000

2 Beds ⋅ 1 Baths ⋅ 230008354 MLS ⋅ CLOSED Status

Slimz IB consist of all two-bedroom, one-bath floor plans with in-unit washers and dryers. Originally constructed in 1973, the subject was extensively remodeled in 2019 with all new interiors, refreshed exterior and upgrades to several major building systems including a new roof and upgraded electrical panels. The turnkey units feature high-end finishes, fixtures and appliances. Slimz IB is ideally located at the North end of Imperial Beach and has direct access to the Silver Strand/Bayshore Bikeway with beautiful views over the San Diego National Wildlife Refuge. The immediate neighborhood has a quiet, beach-town feel with abundant street parking. The location is enhanced by the walkability to convenient retail along Palm Avenue less than 1/2 mile away; including Grocery Outlet, Starbucks, CVS, Dollar Tree and Five Guys Burgers to name a few. The property is just minutes away from Seacoast Drive’s offerings from great restaurants and bars to a weekly farmers’ market.

786 Basswood, Imperial Beach

$3,400,000

250026145 MLS ⋅ CLOSED Status

Basswood Beach Apartments are ideally situated at the north end of Imperial Beach, offering direct access to the Silver Strand and Bayshore Bikeway with stunning views overlooking the San Diego National Wildlife Refuge. Nestled in a quiet, beach-town neighborhood with abundant street parking, the property provides a peaceful yet convenient coastal living experience. The community consists of two-bedroom, one-bath units, each featuring in-unit washers and dryers. Originally built in 1973, Basswood Beach Apartments underwent an extensive renovation in 2019, including fully upgraded interiors, a refreshed exterior, a new roof, and upgraded electrical panels. The turnkey units showcase high-end finishes, modern fixtures, and premium appliances, making this an exceptional investment opportunity for those seeking a low-maintenance, pride-of-ownership asset with strong cash flow potential. The prime location enhances walkability, with convenient retail options along Palm Avenue, less than half a mile away. Nearby businesses include Grocery Outlet, Starbucks, CVS, Dollar Tree, and Five Guys Burgers, among others. Additionally, the property is just minutes from Seacoast Drive, where residents can enjoy beachfront dining, lively bars, and the weekly farmers’ market.

786 Basswood Ave, Imperial Beach

$3,600,000

2 Beds ⋅ 1 Baths ⋅ 250024667 MLS ⋅ CLOSED Status

Offered for sale is a ten-unit residential income property located in the coastal community of Imperial Beach. This opportunity offers a desirable coastal location, preferred unit mix of all two-bedroom units, upgraded property, rent increase potential, recorded condo map, and attractive assumable financing. Residents enjoy convenient access to the beach, restaurants, shopping and local amenities. The neighborhood is a fun bikeable community with flat surface streets, beach vibes and the Bayshore Bike path that circles San Diego Bay. Imperial Beach is known for surfing and volleyball with a casual beach scene and year-round mild weather. Further, Imperial Beach has enjoyed rapid rent and value appreciation due to the military impact on this submarket. The Navy Seal training center at Silver Strand has expanded, bringing more employment and housing demand in addition to the Naval Outlying Landing Field Imperial Beach and other naval facilities in the submarket. The property offers an easy to maintain income property with many upgrades. The property has vinyl windows, six panel exterior doors, modern texture walls, washer/dryers in unit, individual water heaters, vinyl plank floors, upgraded appliances, granite countertops, 10 parking spaces, and ample off-street parking. The property has a recorded condo map and has increased value sold as condominiums. Finally, there is an existing assumable loan on the property at 3.06% fixed until November of 2026 with monthly interest only payments. Please drive by the property discreetly without disturbing the tenants or management.

481 Palm Ave, Imperial Beach

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Between $3 Million - $4 Million Imperial Beach Real Estate

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