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$3,999,000
260016464 MLS ACTIVE Status
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

$2,095,000
12 Beds 6 Baths 260012895 MLS PENDING Status
1041 Calla Ave in Imperial Beach offers a rare opportunity to own a 7-unit apartment property just minutes from the beach, shopping, dining, and entertainment. Comprised of six 2 bed / 1 bath units and one 1 bed / 1 bath unit, the property is ideally located in a highly walkable neighborhood with a walk score of 85, giving residents easy access to both coastal living and everyday conveniences. The property features a refreshed exterior along with full fencing and gated access. Three units have been fully updated, two units have been partially updated, and two units remain mostly original, offering additional upside potential for a new owner. A full 3D Matterport scan of the entire property is available for interested buyers. The 2-bedroom units are approximately 775 SF each, and the 1-bedroom unit is approximately 623 SF.

1041 Calla Ave, 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

$5,500,000
28 Beds 20 Baths 260008386 MLS ACTIVE Status
1091 Calla Avenue is a sixteen (16) unit apartment building well-located in Imperial Beach which is one of San Diego county's thriving beach communities with further growth and gentrification on the horizon. This well-maintained property is comprised of four (4) 2 Bedroom/ 1.5 Bathroom two-story townhome style units, eight (8) 2 Bedroom/1 Bathroom units, and four (4) 1 Bedroom/1 Bathroom units. This community is in an excellent location within Imperial Beach, just a short distance from the Pacific Ocean, the popular Imperial Beach Pier, the US Navy's Silver Strand Special Operations Training Center, several new eateries, local parks, and so much more. The property consists of 13,468 square feet of structure built in 1978 and situated on a 22,216 square foot corner lot with 25 parking spaces. There is additional income from RUBS/submetering and laundry facilities. DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS.

1091 Calla Ave, Imperial Beach

$4,995,000
9 Beds 5 Baths 2601125 MLS ACTIVE Status
IB Villas is a 12-unit luxury apartment community located in Imperial Beach, fully renovated in 2023–2024. The property sits on a 9,583 square foot lot and offers a desirable mix of five 1-bedroom/1-bath units and seven 2-bedroom/1-bath units. Each residence has been comprehensively modernized with luxury finishes, new building systems, and functional layouts designed to maximize livability and long-term tenant demand. The interiors feature stainless-steel appliance packages including electric stove/oven with exhaust hood, refrigerator, and garbage disposal, complemented by new cabinetry, quartz counter-tops, designer tile back-splashes, and luxury vinyl plank flooring. Bathrooms include shower/tub combinations with tile surrounds, modern vanities with quartz counter-tops and under-mount sinks, medicine cabinet storage, and updated plumbing fixtures. Each unit is equipped with in-unit washer/dryers, ceiling fans, flush-mount and pendant lighting, and energy-efficient vinyl windows that enhance comfort and efficiency throughout. The property offers 14 asphalt-paved surface parking spaces, a landscaped communal courtyard with trees and shrubs that create a welcoming outdoor environment, and all units are separately metered for gas and electricity, ensuring strong operating efficiency. With functional floor plans, modern finishes, and excellent curb appeal, IB Villas presents a turn-key multifamily investment opportunity in one of San Diego’s most promising coastal sub-markets.

1193 Florence St, Imperial Beach

$1,700,000
3 Beds 2 Baths 250034136 MLS CLOSED Status
For sale 784 Calla Avenue, a 7-unit residential community ideally located in the heart of Imperial Beach. An excellent investment opportunity, 784 Calla offers a new investor significant immediate rental upside. Built in 1963, the property features an ideal unit mix of six spacious twobedrooms and one one-bedroom floor plan, individually metered for gas and electric. The property also includes 9 open parking spaces, and a private laundry room for the tenant’s convenience. Recent capital improvements include new electrical main and sub panels (complete June 10th, 2025) and roof (replaced June 2021). 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.

784 Calla Ave, 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

$12,750,000
9 Beds 5 Baths 240000587 MLS CLOSED Status
The Sussex Gardens Apts is a true pride of ownership 53 unit community with significant value add potential via new more proactive Management. There are 36-1Bed units of various floorplans, 16-2Bed units with two separate floorplans and a detached 3Bed house on Ivy Lane (same parcel) totaling 53 current leased units. Current ownership has kept rents significantly under market while nearly half of the units have been remodeled in the last few years with new wood cabinets, flooring, quartz countertops, new vanities, paint, ceiling popcorn removal among other upgrades. Common area amenities include ample parking, a clubhouse, pool, 8-garages and a large laundry room with owned equipment that produces significant extra monthly income. Ownership is charging extra rent for select extra parking spaces and pet rent. ADU possibilities exist from the current clubhouse, a bonus storage unit on the front upper level of the property and 8 detached garages on the West side of the property.

1019 Imperial Beach Blvd, Imperial Beach

$2,235,000
12 Beds 6 Baths 240027402 MLS CLOSED Status
565 Florida is a detached four bed/two bath house. 567 Florida is comprised of two duplexes each with twin two bed/one and a half bath townhome units. The cost per square foot and GRM are the lowest in IB now, Dollars/ SF is lower than anything that has been listed in IB in the past year. GRM is lower than average of what has been listed in IB in the last year. The average of recent Imperial Beach sales has been $560/SF. That would imply a value over $3,200,000 for this property. The four townhome apartments each have attached garages and private patios. The four garages offer an opportunity to add ADUs to create extra income. All units are individually metered for water, gas and electric. Each unit has individual laundry hookups.

565-67 Florida St, Imperial Beach

$2,275,000
3 Beds 2 Baths 250020932 MLS CLOSED Status
619 11th Street is a solid 8-unit apartment complex located north of Palm Avenue in Imperial Beach. The strong unit mix features two 2 bedroom / 1 bathroom and six 1 bedroom / 1 bathroom units in a 5,040 square foot structure built in 1973 and situated on a 7,710 square foot lot with 11+ parking spaces. Since 2023 many upgrades have been made to the property including a new roof, gutter system and improvements to the drainage. The property has new exterior paint and exterior lighting as well as new common area concrete and a restriped parking lot. Balconies were inspected and repaired as well as the electrical upgraded/replaced. Other improvements included cleaning up the landscaping, renovating the laundry room and installing a new fence behind the building. There exists over 20% upside in the current rents. Imperial Beach is the southernmost coastal submarket in San Diego County and boasts 3.5 miles of beaches popular for surfing, swimming and spots such as Pier Portwood Plaza and Dunes Park. The Imperial Beach Pier, restaurants, breweries and new retails shops are available near the coast. This submarket is located south of Coronado Island and connected by the Strand. Major Military bases such as North Island Coronado, the Imperial Beach Naval Helicopter Airfield and the new $1 Billion Navy SEAL training facility are all within close proximity. Imperial Beach is a growing beach community with little recent new development leading to limited housing options and room to grow rents and value.

619 11th St, 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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