911 Seacoast Drive, Imperial Beach, California 91932, Imperial Beach, 91932 - bed, bath

911 Seacoast Drive, Imperial Beach, California 91932 home-pic-0
ACTIVE$2,800,000
911 Seacoast Drive, Imperial Beach, California 91932
0Bed
0Bath
4,000Sqft
Lot
Year Built
1910
Close
-
List price
$2.8M
Original List price
$3.2M
Price/Sqft
$700
HOA
-
Days on market
-
Sold On
-
MLS number
250020492SD
Home ConditionTear down
Features
Excellent View:
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.80M(98th), sqft - 4000(98th), beds - undefined(2th), baths - undefined(2th).

Value in Land: This is a fantastic opportunity for buyers or investors to acquire a prime lot in the heart of Imperial Beach, located just steps from the iconic pier on Seacoast Drive. The land is perfectly situated for a variety of uses, including restaurants, condos, small businesses, and more. Zoned as "C/MU-2" 1 unit per 1200 SqFt of lot. Currently, the property includes a shell shop that is closing with this sale. While all inventory will be removed, the building itself will remain. Additionally, there is a small weathered shed and antenna on-site, which is currently under an active lease Verizon contract. The lease provides a steady monthly income of $2,800 and runs through May 31st, 2029. The buyer must continue the lease. This is an incredible chance to develop in one of the most desirable locations in Imperial Beach. Don't miss out on this rare opportunity! Buyer & Buyers agent to verify all property characteristics; MLS information deemed to be reliable, but not guaranteed.

Price History

Date
Event
Price
10/23/25
Price Change
$2,800,000
03/03/25
Listing
$3,200,000
Condition Rating
Tear down

The property was built in 1910, making it over 100 years old. The listing explicitly states 'Value in Land' and describes the existing structures as a 'shell shop' and a 'small weathered shed.' The property analysis further confirms that 'Demolition Required' and the existing structures are 'likely tear-downs.' There are no residential features like kitchens or bathrooms, and the structures are clearly beyond repair, with the property's value based solely on the land for redevelopment.
Pros & Cons

Pros

Prime Coastal Location: Situated in the heart of Imperial Beach, just steps from the iconic pier on Seacoast Drive, offering exceptional desirability and foot traffic.
High Development Potential: The lot is ideal for diverse development, including restaurants, condos, and small businesses, maximizing its investment appeal.
Favorable Mixed-Use Zoning: Zoned C/MU-2, allowing for significant density with 1 unit per 1200 SqFt, facilitating multi-unit or mixed-use projects.
Guaranteed Income Stream: An active Verizon lease provides a steady monthly income of $2,800 until May 2029, offering immediate financial return.
Focus on Land Value: Explicitly marketed for its land value, highlighting the opportunity for ground-up development in a highly sought-after area.

Cons

Demolition Required: The existing 1910 shell shop and weathered shed are likely tear-downs, incurring additional demolition costs and project timelines for redevelopment.
Lease Obligation Restriction: The buyer is obligated to continue the Verizon lease until May 2029, which may limit immediate full site redevelopment or design flexibility.
Property Type Discrepancy: Listed as 'Residential' and 'Single Family Residence' despite C/MU-2 zoning and commercial description, potentially causing confusion or requiring reclassification.

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