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Six-Unit Coastal Apartment Property

645 Seacoast Dr, Imperial Beach, CA 91932

For Sale
$2,450,000

Four single-story buildings span two legal parcels, which are being offered together.

Property SizeContact for details
Lot Size0.19 Acres
Days on Market8

Property Features for 645 Seacoast Dr

General Information

Standard status Active
Net Rentable 2,720 SF
Lot size 0.19 Acres
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 6 x 1BR/1BA
Multifamily Units 6

Additional Details

Average Monthly Rent $1,862
Tenant in Place Yes

Amenities

Seller Financing Available
One block from the beach on Seacoast Drive, a short walk to the Imperial Beach Pier and the shops and dining of Palm Avenue
6 Total Units on Two Separate Parcels (3 on each), Qualifying this for Residential 1-4 Unit Financing, Commercial Financing, or Seller Financing
All roofs were replaced in September 2026, removing a major capital expense for the next owner
Four of the six units have been partially renovated, and half of the tenants are billed back for water
Current rents of $11,171/mo against $15,000/mo at market — about $45,948 of added annual scheduled income

Building Details

Buildings 4
Stories 1
Units 6
Listed By: Casper Rooney
Source: Marcusmillichap
Added: Nov 6 Changed: Nov 13 Last Checked: Nov 12 at 3:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Casper Rooney

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Investment Insights

Based on property information with market context.

This six-unit apartment property comprises four single-story buildings on two legal parcels offered as one sale. The combined site measures 8,277 square feet, with approximately 2,720 rentable square feet. Each residence has one bedroom and one bathroom and measures roughly 450 square feet. All six units are occupied; four have received partial renovations. The roofs were replaced in September 2026.

The property is on Seacoast Drive in Imperial Beach, one block from the sand. Each parcel contains three units, a configuration that may fit residential one-to-four-unit loan programs for each parcel, as described in the property information.

Key Highlights

  • Six one‑bedroom, one‑bath units, each approximately 450 square feet
  • Four single‑story buildings across two legal parcels; parcels offered together
  • 2,720 rentable square feet on an 8,277‑square‑foot combined site

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby

Demographics for 91932, CA

26,013
Population
10,276
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
85%
High-School Grad
4.3 sq mi
ZIP Area
6,050
Density / Sq Mi
$79,071
Median Household Income
$41,917
Median Earnings
$1,914
Median Rent
$811,000
Median Home Value
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Market

Average Price Trend$/SF for Multifamily properties in Imperial Beach, CA

$567 Jul
$623 Aug
$612 Sep
$622 Oct

Properties on Market for Multifamily properties in Imperial Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Four single-story buildings span two legal parcels, which are being offered together.
Where is this multifamily property located?
The property is located at 645 Seacoast Dr Imperial Beach, CA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Six one‑bedroom, one‑bath units, each approximately 450 square feet; Four single‑story buildings across two legal parcels; parcels offered together; 2,720 rentable square feet on an 8,277‑square‑foot combined site
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