Gene Bowman Realty
Listed by Gene Bowman Realty
$1,375,000
777 Cypress Avenue
Details
APN 6261323200
Property Type Multifamily
Sub Type Apartment Building
Units 3
Cap Rate 4.50%
Buildings 2
Stories 1
Acreage 0.222
Multifamily | 4.50% CAP | 3 Units
Marketing description
This three-unit income property in Imperial Beach offers a straightforward and compelling opportunity in one of San Diego County's most desirable coastal communities. Two units are currently occupied and generating consistent rental income, while the third is vacant and ready for an incoming buyer to either rent at current market rates or occupy as a primary residence. For an owner-occupant, the two income-producing units provide meaningful offset to carrying costs, making this as much a lifestyle purchase as an investment. Imperial Beach continues to attract strong rental demand, with tenants drawn to its beach access, walkable neighborhood feel, and connectivity to Coronado, Chula Vista, and downtown San Diego. It remains one of the more accessible coastal markets in the county, which keeps vacancy low and retention high. Whether you're an investor looking for a stabilized coastal asset or a buyer ready to live well while building equity, this property was built for both.
Listing Contacts
Gene Bowman Realty
Listed by Gene Bowman Realty
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