MUST BE SOLD WITH THE IDENTICAL ADJACENT PROPERTY 645-649 SEACOAST DR. Each Property is Listed for $1,225,000 for a Total List Price of $2,450,000. Pleased to present 645-655 Seacoast Drive, a six unit coastal investment one block from the sand in Imperial Beach, California. The offering consists of 4 single-story buildings on two separate legal parcels - approximately 2,720 rentable square feet on a combined 8,277-square-foot site. The parcels must be sold together. Every unit is a one-bedroom, one-bath home of roughly 450 square feet. The property is 100% occupied, four of the six units have been partially renovated, and the roofs were replaced in September 2026 - taking one of the largest near-term capital items off an incoming owner's list. Scheduled rents average $1,862 per unit against an estimated market rent of $2,500, roughly 34% upside as units turn over. Because each parcel holds three units, a buyer can finance each with residential one-to-four-unit loan programs rather than commercial multifamily debt.

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Property Details of 651 55 Seacoast Drive

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Listed by Jared Wallach of Marcus & Millichap

Based on information submitted to CRMLS as of October 31, 2026 5:49 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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