$1,715,000
PENDING $260K PRICE DROP

Estimated payment $10,772/month

Total Views 5,120
9 Beds
7 Baths
4,424 Sq Ft
$388 Price per Sq Ft

About This Home

It is an honor to present for sale the six (6) unit apartment property at 637 10th Street, in the northerly Dolphin Bay area of Imperial Beach, close to the Bayshore Bikeway and several retail centers. The unit mix consists of: Four (4) one-bedroom/one-bathroom units and Two (2) three-bedroom/two-bathroom units, several of which have private patios/balconies and/or have been updated with vinyl plank flooring. Units are spacious, and the property has a total of eleven (11) surface off-street parking spaces, as well as a laundry room on-site. Very well priced 6 unit deal in IB! Much upside. About half of the units have been updated, while the other half of units could use renovation, for optimal operations over the long-term.

Listing Agent

Joseph Burrough

Palma Commercial License #02014504 Listed on: 03/21/2025

Property Details

Home Type

  • Multi-Family

Interior Spaces

  • 9 Bedrooms
  • 2-Story Property

Utilities

  • Radiant Heating System

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Unit Levels: 2 Story
  • Property Sub Type: Com-Res Income
  • CapRate: 4.88
  • Co List Office Mls Id: 3874
  • Directions: From I-5 Freeway, take Palm Avenue west and turn right on 10th Street.
  • Structure Type: Apartment
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 9

Exterior Features

  • Roof: Tar & Gravel
  • Construction Type: Part Landscaped

Garage/Parking

  • Parking Features: Spaces

Utilities

  • Heating: Radiant
  • Laundry Features: Owned

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 6
  • Annual Operating Expense: 57686.0
  • Total Actual Rent: 11690.0

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Pending -- -- --
07/25/2025 07/25/25 Price Changed $1,715,000 -3.4% $388 / Sq Ft
05/27/2025 05/27/25 Price Changed $1,775,000 -10.1% $401 / Sq Ft
04/01/2025 04/01/25 For Sale $1,975,000 -- $446 / Sq Ft
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 250023061

San Diego MLS

APN: 626-222-27-00