$4,000,000

967-69 Seacoast Dr Imperial Beach, CA 91932

Estimated payment $22,158/month

Total Views 4,828
4 Beds
3 Baths
1,036 Sq Ft
$3,861 Price per Sq Ft

Highlights

  • Beach Front
  • RV Access or Parking
  • Property is Fully Fenced
  • Ocean View
  • Corner Lot
  • 3-minute walk to Reama Park

About This Home

Incredible Beachside Investment Opportunity. Don’t miss this rare chance to own a prime duplex directly across from the beach, offering nearly 95 feet of unobstructed ocean views. Situated in one of the most sought-after coastal locations, this is one of the last remaining lots with this kind of frontage—making it a true gem for investors or developers. This offering includes two combined lots—the front lot with the duplex and the rear lot (APN 625-353-02-00)—totaling approximately 9,500 sq ft (95 wide x100 deep). The size, location, and ocean views make this an exceptional canvas for your next investment or luxury development project. Each unit in the duplex features 1 bedroom and 1 bathroom, along with a shared yard perfect for entertaining or relaxing after a day at the beach. Whether you choose to remodel the existing structure or redevelop entirely, the potential here is unmatched. Selling with 111 Elder Ave. (APN#625-353-02-00) Single family residence 2 bedroom and one bathroom. 1,036 sqft. Opportunities like this don’t come often—secure your piece of the coast today.

Listing Agent

Lisa Poli

Douglas Elliman of California, Inc. License #01886911 Listed on: 06/30/2025

Douglas Elliman of California, Inc.

Co-Listing Agent

Feras Barghout

Douglas Elliman of California, Inc. License #02221704

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,352

Year Built

  • Built in 1947

Lot Details

  • 4,761 Sq Ft Lot
  • Beach Front
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Ocean Views

Parking

  • Alley Access
  • RV Access or Parking

Utilities

  • Heating Available
  • Separate Water Meter
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 625-353-01-00

Community Details

Overview

  • Association fees include termite, water
  • $25 Other Monthly Fees
  • 2 Buildings
  • 3 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $61,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,352

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Elder Ave
  • Neighborhood: Imperial Beach
  • Supplement: Each unit in the duplex features 1 bedroom and 1 bathroom, along with a shared yard perfect for entertaining or relaxing after a day at the beach. Whether you choose to remodel the existing structure or redevelop entirely, the potential here is unmatched. Selling with 111 Elder Ave. (APN#625-353-02-00) Single family residence 2 bedroom and one bathroom. 1,036 sqft. Opportunities like this don’t come often—secure your piece of the coast today.
  • Stories: 1 Story
  • Total Stories: 1
  • Year Built: 1947
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U3: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Frontage: Ocean/Sand
  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Parking for RV: On-Site Parking

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: IMPERIAL BEACH
  • Home Owner Association Fee Includes: Termite, Water
  • Other Fees Payment Frequency: Annual

Fee Information

  • Total Monthly Fees: 25
  • Other Fees: 300.0
  • Other Fees Reflect: Year

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Corner Lot
  • Topography: Level
  • Zoning: COMMERCIAL
  • Assessor Parcel Number: 625-353-01-00
  • Estimated Lot Sq Ft: 4761
  • Estimated Number of Acres: 0.11
  • Map Code Column: E
  • Map Code Page: 1349
  • Map Code Row: 1

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 61000
  • Annual Expense Actual: 19605
  • Gross Rent Multiplier Actual: 2.13
  • Gross Sched Income Actual: 81000
  • Number Of Buildings: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,352 $384,483 $321,951 $62,532
2024 $4,352 $376,945 $315,639 $61,306
2023 $4,332 $369,554 $309,450 $60,104
2022 $4,250 $362,309 $303,383 $58,926
2021 $4,117 $355,206 $297,435 $57,771
2020 $4,020 $351,565 $294,386 $57,179
2019 $4,018 $344,672 $288,614 $56,058
2018 $3,950 $337,914 $282,955 $54,959
2017 $140 $331,289 $277,407 $53,882
2016 $3,734 $324,794 $271,968 $52,826
2015 $3,729 $319,916 $267,883 $52,033
2014 $3,667 $313,650 $262,636 $51,014
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $4,000,000 -- $3,861 / Sq Ft
Source: San Diego MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Deed $429,000 --
Source: Public Records

Source: San Diego MLS

MLS Number: 250032095

San Diego MLS

APN: 625-353-01