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6-Unit Coastal Apartment Property
New
For Sale
$1,225,000

651 55 Seacoast Dr, Imperial Beach, CA 91932

Four single-story buildings span two legal parcels, with three residences on each parcel.

Property SizeContact for details
Lot Size0.19 Acres
Days on Market4

Property Features for 651 55 Seacoast Dr

General Information

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

Financials

Asking Price $1,225,000
Average Monthly Rent $1,862

Units

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

Additional Details

Tenant in Place Yes

Building Details

Year Built 1950
Buildings 4
Stories 1
Units 3
Listing Agency: Marcus & Millichap - San Diego
Listed By: Jared Wallach · License #(S):CA:02111633
Source: Elliman
Added: Nov 1 Changed: Nov 3 Last Checked: Nov 4 at 12:58PM

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 Marcus & Millichap - San Diego

Rey
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Investment Insights

Based on property information with market context.

This six-unit residential property comprises four single-story buildings on two separate legal parcels, which are being offered together. The combined site measures 8,277 square feet and contains approximately 2,720 rentable square feet. Each residence has one bedroom and one bathroom, with roughly 450 square feet per unit. Four units have received partial renovations, and the roofs were replaced in September 2026. The property is 100% occupied, and scheduled rents average $1,862 per unit.

The property is one block from the sand in Imperial Beach. Each parcel contains three units, and the two parcels are required to be sold together.

Key Highlights

  • Six units across four single‑story buildings and two legal parcels
  • Approximately 2,720 rentable square feet on an 8,277‑square‑foot combined site
  • Each unit has one bedroom, one bathroom, and roughly 450 square feet

Property Analytics

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Lease Details

6
Residential units
100%
Occupancy

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

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, with three residences on each parcel.
Where is this multifamily property located?
The property is located at 651 55 Seacoast Dr Imperial Beach, CA.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Six units across four single‑story buildings and two legal parcels; Approximately 2,720 rentable square feet on an 8,277‑square‑foot combined site; Each unit has one bedroom, one bathroom, and roughly 450 square feet
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