Imperial Beach Real Estate Search

Imperial Beach Properties between $2,000,000 and $3,000,000 for Sale

Our website features the best real estate search for between $2,000,000 and $3,000,000 properties available in Imperial Beach and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Imperial Beach Properties between $2,000,000 and $3,000,000 for Sale

622 Ocean Ln, Imperial Beach
$2,900,000
3 Beds ⋅ 3 Baths ⋅ PTP2607892 MLS ⋅ ACTIVE Status
In the USA, fewer than 0.1% of the population live oceanfront. Here is your chance to join them. This single family home with no HOA sits directly on the beach where your private deck steps straight onto soft sand. Picture your mornings: a hot caf mocha on the deck as dolphins glide past, followed by a peaceful walk along the shore. Evenings bring a Bahama Mama at sunset, a romantic stroll at the waters edge, and a front row seat to IB's finest July 4th fireworks. Keep watch for the occasional whale as panoramic views sweep from Point Loma and downtown San Diego past the IB Pier to the Coronado Islands. The bright, light filled interior is beautiful inside and out. The kitchen opens to a spacious living and dining room, and the primary suite features a gorgeous new spa bathroom and has a private balcony. Thoughtful upgrades include a tankless water heater, heating & air conditioning, new washer & dryer, updated vinyl flooring upstairs, custom lighting and blinds thru-out, a top of the line security system, EV charger, two covered parking spaces, and fresh exterior paint. Stroll to Imperial Beachs restaurants, breweries, shops, and parks, or drive the Silver Strand to Coronado Island in minutes. Homes like this rarely come to market. In the USA, fewer than 0.1% of the population live oceanfront. Here is your chance to join them. This single family home with no HOA sits directly on the beach where your private deck steps straight onto soft sand. Picture your mornings: a hot caf mocha on the deck as dolphins glide past, followed by a peaceful walk along the shore. Evenings bring a Bahama Mama at sunset, a romantic stroll at the waters edge, and a front row seat to IB's finest July 4th fireworks. Keep watch for the occasional whale as panoramic views sweep from Point Loma and downtown San Diego past the IB Pier to the Coronado Islands. The bright, light filled interior is beautiful inside and out. The kitchen opens to a spacious living and dining room, and the primary suite features a gorgeous new spa bathroom and has a private balcony. Thoughtful upgrades include a tankless water heater, heating & air conditioning, new washer & dryer, updated vinyl flooring upstairs, custom lighting and blinds thru-out, a top of the line security system, EV charger, two covered parking spaces, and fresh exterior paint. Stroll to Imperial Beachs restaurants, breweries, shops, and parks, or drive the Silver Strand to Coronado Island in minutes. Homes like this rarely come to market.

622 Ocean Ln, Imperial Beach

1240-70 Holly Ave, Imperial Beach
$2,600,000
10 Beds ⋅ 4 Baths ⋅ NDP2608136 MLS ⋅ ACTIVE Status
12401270 Holly Avenue represents a rare opportunity to acquire a well maintained, five unit multifamily asset with meaningful value add and redevelopment potential in Imperial Beach, San Diegos southernmost coastal community. The property is situated west of Interstate 5 and approximately two miles from the Pacific Ocean, placing it within a rapidly evolving coastal submarket characterized by sustained renter demand, ongoing revitalization, and increasing investor interest. Long term family ownership and consistent upkeep underscore the stability and pride of ownership inherent in this offering. The asset comprises approximately 5,260 rentable square feet across five detached single family style residences, supplemented by a large rear storage structure. The unit mix includes two 2 bedroom/1 bath units of roughly 860 square feet each, two 3 bedroom/1 bath units of approximately 1,008 square feet each, and one 2 bedroom/2 bath unit of approximately 1,524 square feet. All homes are believed to have been constructed circa 1960 and feature both front and rear yards. Four units are equipped with single car garages, while one unit offers a covered carport, providing ample on site parking and enhancing tenant convenience. The generous outdoor areas present opportunities for future enhancements that may support increased rental value. The property has been selectively upgraded over time, including interior and exterior painting, new flooring, entry improvements, plumbing and drain line upgrades, replacement of water valves and fixtures, electrical fixture updates with GFCI outlet e 12401270 Holly Avenue represents a rare opportunity to acquire a well maintained, five unit multifamily asset with meaningful value add and redevelopment potential in Imperial Beach, San Diegos southernmost coastal community. The property is situated west of Interstate 5 and approximately two miles from the Pacific Ocean, placing it within a rapidly evolving coastal submarket characterized by sustained renter demand, ongoing revitalization, and increasing investor interest. Long term family ownership and consistent upkeep underscore the stability and pride of ownership inherent in this offering. The asset comprises approximately 5,260 rentable square feet across five detached single family style residences, supplemented by a large rear storage structure. The unit mix includes two 2 bedroom/1 bath units of roughly 860 square feet each, two 3 bedroom/1 bath units of approximately 1,008 square feet each, and one 2 bedroom/2 bath unit of approximately 1,524 square feet. All homes are believed to have been constructed circa 1960 and feature both front and rear yards. Four units are equipped with single car garages, while one unit offers a covered carport, providing ample on site parking and enhancing tenant convenience. The generous outdoor areas present opportunities for future enhancements that may support increased rental value. The property has been selectively upgraded over time, including interior and exterior painting, new flooring, entry improvements, plumbing and drain line upgrades, replacement of water valves and fixtures, electrical fixture updates with GFCI outlet enhancements, one roof replacement with tune ups on remaining roofs, refinished kitchen and bath surfaces, newer wall heaters, and updated fencing. Despite these improvements, current rents remain below market, and ownership estimates an approximate 15 percent total income upside achievable through unit turnover and additional interior modernization. INVESTMENT PROFILE: The five-unit property is currently positioned to generate approximately $13,450 per month, or $161,400 annually, based on projected rents of five single detached residential units at approximately $3,300, $2,950, $2,750, $2,300 and $2,150/month. At the $2,600,000 asking price: Gross Annual Income: $161,400. Gross Cap Rate: approximately 6.20% Estimated Net Cap Rate: approximately 4.5%, depending on actual operating expenses and insurance. The property is zoned R 3000, permitting detached and attached dwelling units at a maximum density of 14 units per acre. Based on the sites approximate 0.67 acre footprint, the maximum permitted density is nine dwelling units, with the potential for additional units through the State Density Bonus Law or Accessory Dwelling Units (ADUs), subject to municipal review. Developers may also consider full redevelopment; new primary dwelling units would require discretionary approval, and detailed proposals may be submitted to the City of Imperial Beach Planning Department once project parameters are defined. Numerous recently completed projects in the immediate vicinity provide strong proof of concept for redevelopment in this corridor. With Imperial Beach experiencing ongoing revitalization, improved infrastructure, and sustained private investment, the property offers both current cash flow and long term appreciation potential. Its proximity to beaches, dining, retail, and major transportation routes further enhances its desirability. This offering is well suited for investors seeking to expand cash flow, build equity, and capitalize on one of coastal San Diegos most active and evolving multifamily submarkets.

1240-70 Holly Ave, Imperial Beach

236 Palm, Imperial Beach
$2,990,000
260016464 MLS ⋅ ACTIVE Status
This shovel-ready new󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 development includes Land: approved plans and permits sold separately completed demolition, utility permits, and an installed temporary power pole, allowing construction to begin quickly. The high-end design features solar power, all-electric systems, ample parking, a highly visible location, and a commercial space equipped with a grease trap for flexible use. Located one block from the ocean in the heart of town, the units offer desirable views and strong coastal appeal. This high-end contemporary development offers ocean, bay, and mountain views just one block from the beach. The project spans three stories and includes 15 total units: 1 commercial space and 14 residential units (5 two-bedroom and 9 one-bedroom apartments). The property includes 18 dedicated off-site parking spaces. The approximately 13,000-square-foot lot is zoned for vacation rentals and designed with contemporary architecture focused on luxury living. Shovel-ready, city-approved project one block from the beach Seller will consider a partnership. City Council has approved plans for a three-story mixed-use development with residential and commercial units on a large corner lot near the beach and the new Navy SEAL Team base. The offering includes land, approved plans, permits, completed demolition, utility permits, and a temporary power pole already installed, allowing construction to move forward quickly. Features • High-end contemporary design with ocean, bay, and mountain views one block from the beach. • Three-story mixed-use project with 15 total units: 14 residential units and one commercial space. • Residential mix includes nine one-bedroom apartments and five two-bedroom apartments. • Commercial space includes a grease trap, supporting flexible food-service or retail use. • 18 dedicated off-site parking spaces. • Approximately 13,000-square-foot lot zoned for vacation rentals. • Solar power, all-electric systems, and low-maintenance landscaping. • Central courtyard designed for outdoor living and community gathering. • Recognized by the City of Imperial Beach and the Coastal Commission as a model of modern development. Location & Community Located on a prominent corner in a sought-after vacation rental zone, the property sits in a walkable beach community surrounded by three bodies of water. Its coastal setting, military demand, and proximity to international visitors support both short-term and long-term housing demand. The site is one block from the beach with convenient access to downtown San Diego, the airport, Mexico, major military bases, and regional tourist attractions. Nearby amenities include the pier, dining, fishing, estuaries, birdwatching, biking trails, surfing, paddleboarding, jet skiing, boating, and frequent public transportation service. Investment Highlights This shovel-ready mixed-use development offers a streamlined path to construction with approved plans, permits, completed demolition, utility permits, and temporary power already in place. The project combines coastal visibility, vacation-rental zoning, contemporary design, and flexible commercial use in a high-demand Imperial Beach location.

236 Palm, Imperial Beach

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