Home | San Diego County | Imperial Beach | 91932 | 739-747 Florida Street
MLS: SD260010914 | Status: | Price: $3,750,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | – | – |
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 / 2-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-constraine
| Field | Value |
|---|---|
| MLS # | SD260010914 |
| MLS Source | San Diego MLS |
| Days on Site | 7 |
| Feature | Details |
|---|---|
| Flooring | Other |
| Cooling | Other |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Feature | Details |
|---|---|
| Garage/Parking | Other, Garage: Car(s) |
Josh Browar
The Browar Group
License #: 01824454
Phone: (858) 414-4398
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | 12 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Central Elementary School | public | K-6 | 0.41 mi | 3 |
| Bayside Elementary School | public | K-6 | 0.46 mi | 5 |
| Vip Village Preschool | public | UG | 0.62 mi | N/A |
| Oneonta Elementary School | public | K-6 | 0.74 mi | 4 |
| Mar Vista Senior High School | public | 9-12 | 0.80 mi | 5 |
| Mar Vista Academy | public | 7-8 | 1.04 mi | 4 |
| SBUSD Virtual Academy | public | K-6 | 1.09 mi | N/A |
| Emory Elementary School | public | K-6 | 1.10 mi | 7 |
| Teofilo Mendoza School | public | K-6 | 1.20 mi | 3 |
| Godfrey G. Berry Elementary School | public | K-6 | 1.52 mi | 4 |
| Sunnyslope Elementary School | public | K-6 | 1.75 mi | 6 |
| Southwest Senior High School | public | 9-12 | 1.86 mi | 5 |
| Harborside Elementary School | public | K-6 | 2.17 mi | 5 |
| Launch Virtual Academy | public | 7-12 | 2.24 mi | 5 |
| Southwest Middle School | public | 7-8 | 2.24 mi | 5 |
| Montgomery (John J.) Elementary School | public | K-6 | 2.57 mi | 8 |
| Palomar High School | public | 7-12 | 2.58 mi | 2 |
| Montgomery Senior High School | public | 9-12 | 2.62 mi | 5 |
| Montgomery Adult | public | UG | 2.74 mi | N/A |
| Lauderbach (J. Calvin) Elementary School | public | K-6 | 2.76 mi | 7 |
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This listing information is up-to-date as of May 06, 2026. For the most current information, please contact Josh Browar, (858) 414-4398.