$3,500,000

997 Ocean Ln, Imperial Beach, CA 91932

  • 4 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

WHITEWATER Commercial Real Estate is proud to present 997 Ocean Lane, a truly rare beachfront investment opportunity in the heart of Imperial Beach, California. This is the first time this property has ever been offered for sale, making it a “once in a generation” chance to own a prime coastal asset with significant value-add potential. Situated on two commercial-zoned parcels totaling 6,020 SF, this 5-unit property includes three studio units in the main building and two 1-bedroom units along Elkwood Avenue. All units are in original condition and significantly under rented, providing immediate upside for investors through renovation and repositioning. What makes this property truly special is its direct access to the beach, combined with walkability to vibrant restaurants, bars, and shops along Seacoast Drive. As Imperial Beach continues its transformation with new developments, rising demand, and a growing reputation 997 Ocean Ln is perfectly positioned for long term appreciation. Located just minutes from Coronado and Chula Vista, this is a high-demand rental market where tenants consistently pay a premium to live steps from the sand. Whether you're a long-term investor, developer, or looking to create a boutique beach retreat, there are only a finite of opportunities like this to exist.

Listing Status:
Active
Listing Office:
Whitewater CRE Inc : 925-766-1062
Listing Agent:
Carson P Trujillo : 859-433-8741
MLS ID:
250033465
  • A/C: N/K
  • Heating: Fireplace
  • Roofing: Other/Remarks
  • General: Stucco2 Story
  • Originating MLS: SDMLS
  • County: San Diego
  • Zoning: 625-340-01-00
  • View: OceanPanoramicPanoramic Ocean
  • Fencing: Other/Remarks
  • Source: SDMLS

This listing courtesy of Carson P Trujillo, Whitewater CRE Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sbusd Virtual Academy

525 3rd St, Imperial Beach, CA, 91932

Grades KG-6

0.66 miles away

N

Nestor Language Academy Charter

1455 Hollister St, San Diego, CA, 92154

Grades KG-8

2.91 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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