739-747 Florida Street, Imperial Beach, CA 91932
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
Listed by: josh browar
Office: the browar group
MLS#:260010914
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,600,000
- Price per sq. ft.:$410.96
About this home
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....
Contact an agent
Home facts
- Listing ID #:260010914
- Added:47 day(s) ago
- Updated:June 23, 2026 at 02:18 PM
Rooms and interior
- Bedrooms:144
- Total bathrooms:24
- Full bathrooms:12
- Half bathrooms:12
- Living area:8,760 sq. ft.
Heating and cooling
- Heating:Wall
Structure and exterior
- Roof:Composition
- Building area:8,760 sq. ft.
Finances and disclosures
- Price:$3,600,000
- Price per sq. ft.:$410.96
Features and amenities
- Laundry features:Owned
Parking
- Total parking spaces:18
- Parking description:Spaces
New listings near 739-747 Florida Street
- New
$1,049,000Active6 beds 4 baths2,240 sq. ft.931-935 13'th St, Imperial Beach, CA 91932
MLS# 260015167Listed by: WELLS ESTATES - New
$1,049,000Active-- beds -- baths931 935 13'th St, Imperial Beach, CA 91932
MLS# 260015167SDListed by: WELLS ESTATES - New
$1,100,000Active2 beds 3 baths1,600 sq. ft.255 Daisy Ave, Imperial Beach, CA 91932
MLS# 260015153Listed by: COLWELL REALTY IB INC - New
$524,900Active2 beds 2 baths876 sq. ft.1111 Seacoast Dr #46, Imperial Beach, CA 91932
MLS# 260015024SDListed by: REAL BROKER - New
$589,000Active1 beds 1 baths822 sq. ft.126 Elder, Imperial Beach, CA 91932
MLS# 260014971SDListed by: EXP REALTY OF CALIFORNIA, INC. - New
$979,900Active3 beds 3 baths2,128 sq. ft.1166 Holly Avenue #14, Imperial Beach, CA 91932
MLS# OC26133047Listed by: ACC MORTGAGE LENDING - New
$899,999Active3 beds 3 baths1,700 sq. ft.570 Emory St Unit B #B, Imperial Beach, CA 91932
MLS# 260014877Listed by: LINK BROKERAGES, INC. - New
$1,849,999Active7 beds 5 baths2,380 sq. ft.611 Silver Strand #1-3, Imperial Beach, CA 91932
MLS# 260014781Listed by: EXP REALTY OF CALIFORNIA, INC. - New
$1,459,000Active3 beds 3 baths1,759 sq. ft.1362 Seacoast Dr #F, Imperial Beach, CA 91932
MLS# 260014767SDListed by: PACIFIC SOTHEBY'S INTERNATIONAL REALTY - New
$555,000Active4 beds 2 baths1,504 sq. ft.940 Calla Ave #15, Imperial Beach, CA 91932
MLS# PTP2604658Listed by: SPIRIT REALTY, INC.