Properties

Imperial Beach, CA 91932 777 Cypress Avenue

777 Cypress Avenue Imperial Beach, CA - Image 1777 Cypress Avenue Imperial Beach, CA - Image 2777 Cypress Avenue Imperial Beach, CA - Image 3
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Presented By: Christian Ballow with Gene Bowman Realty; Christian@genebowman.com
  • MLS# PTP2602092
  • 03/19/2026
  • Get pre-approved
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  • SQFT • 2,266
  • Garage • 3

Home Details

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.
Presented By: Christian Ballow with Gene Bowman Realty; Christian@genebowman.com

Interior Features for 777 Cypress Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Common WallsNo Common Walls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 777 Cypress Avenue

Cap Rate4.5
CityImperial Beach
Community FeaturesCurbs
CountySan Diego
Directions5 south to Palm Ave, head west, turn right on Delaware Street, right on Cypress, property on Right after alley
Entry LocationFront
Garage Spaces3
Garage Y/NYes
Gross Income92301
HOANo
HOA Fee$
Insurance Expense
Land Lease Y/NNo
Listing TermsCash, Conventional, 1031 Exchange, FHA, Submit, VA Loan
Lot Size Square Feet9658
Lot Size UnitsSquare Feet
MLS Area91932 - Imperial Beach
Net Operating Income72235
Number Of Units Total3
Operating Expense18059
Pool FeaturesNone
PostalCityIMPERIAL BEACH
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot58/23-28
Taxes$0
Trash Expense0
Virtual TourClick here
Water Sewer Expense0
Year Built1959
ZoningR-3000-D Two-Family Detac

Exterior for 777 Cypress Avenue

Building Area Total2266
Lot Features0-1 Unit/Acre
Lot Size Acres0.2217
Lot Size Area9658
Lot Size SourcePublic Records
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking3

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,599,000
MLS#PTP2602092
List Date 03/19/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
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