Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Country Realty
Property view
Listing view 2
Listing view 3

997 Ocean Ln, 
Imperial Beach, CA 91932

$3,500,000


4

Beds


4

Baths


2,400

Sq Ft


Multi-Family

Active

Listed by

Carson P Trujillo

Whitewater Cre Inc

Last updated:

July 31, 2025, 02:09 PM

MLS#

250033465

Source:

SANDICOR

About This Home

997 Ocean Ln

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.

Home Facts

Multi-Family

4 Baths

4 Bedrooms

Built in 1925

Price Summary

3,500,000

$1,458 per Sq. Ft.

MLS #:

250033465

Last Updated:

July 31, 2025, 02:09 PM

Added:

16 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

2,400 Sq. Ft.


Structure

Structure

Building Area:

2,400 Sq. Ft.

Year Built:

1925


Finances & Disclosures

Finances

Price:

$3,500,000

Price per Sq. Ft:

$1,458 per Sq. Ft.

MLS Logo
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.