608 7th St 5 Unit Apartment Building $2,000,000 ($400,000/Unit) 5.20% Cap Rate Imperial Beach, CA 91932

We are pleased to present 608–610 7th Street, a boutique multifamily community ideally located in the heart of Imperial Beach, one of San Diego County’s most desirable coastal rental markets. Situated within the highly walkable 91932 zip code, the property boasts a Walk Score of 77, allowing residents to conveniently access nearby dining, retail, parks, and daily necessities on foot, an increasingly sought-after feature among today’s renters.
The property is comprised entirely of five spacious two-bedroom/one-bathroom residences, including one single family residence unit and four apartment units. All units have been recently renovated, offering a blend of comfort and modern style with hardwood flooring, contemporary finishes, in-unit washer and dryers, and off-street parking. These thoughtfully designed floorplans are well-suited for long-term renters seeking space, functionality, and coastal convenience.
Located within the Sweetwater Union High School District, 608–610 7th Street benefits from strong tenant demand driven by its beach-adjacent lifestyle, neighborhood charm, and limited multifamily supply. With its walkability, proximity to the beach, and easy access to the greater San Diego region, the property presents a compelling opportunity for stable, long-term rental performance.