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For sale
  • Listed by: Gene Bowman Realty • Christian Ballow • Contact: Christian@genebowman.com
    $1,375,000

    777 Cypress Ave, Imperial Beach, CA 91932

    6beds
    3baths
    2,266sqft
    : 
    $9,181/mo
    Get pre-qualified
    Multi Family
    Built in 1959
    -- sqft lot
    $1,322,300 Zestimate®
    $607/sqft
    $-- HOA

    What's special

    Beach access
    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.
    138 days
    |
    269
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Christian Ballow DRE #02046669 Christian@genebowman.com,

    Gene Bowman Realty

    Source: CRMLS,MLS#: PTP2602092MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      Appliances
      • Laundry: None
      Features
      • Has fireplace: No
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,266
      • Total interior livable area: 2,266 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage
      • Garage spaces: 3
      Features
      • Entry location: Front
      • Pool features: None
      Lot
      • Size: 9,658 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 6261323200
      • Zoning: R-3000-D Two-Family Detac
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1959

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Curbs
      Location
      • Region: Imperial Beach

      Financial & listing details

      • Price per square foot: $607/sqft
      • Tax assessed value: $1,017,676
      • Annual tax amount: $13,810
      • Date on market: 3/19/2026
      • Cumulative days on market: 138 days
      • Listing terms: Cash,Conventional,1031 Exchange,FHA,Submit,VA Loan

        Estimated market value

        $1,322,300

        $1.26M - $1.39M

        $3,409/mo

        Price history

        DateEventPrice
        4/15/2026Price change$1,375,000-14%$607/sqft
        Source: CRMLS #PTP2602092 Report a problem
        3/19/2026Listed for sale$1,599,000+74%$706/sqft
        Source: CRMLS #PTP2602092 Report a problem
        2/1/2021Sold$919,000+0.4%$406/sqft
        Source: Agent Provided Report a problem
        2/26/2020Sold$915,000+74.3%$404/sqft
        Source: Public Record Report a problem
        4/28/2004Sold$525,000$232/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,810 +5.3%$1,017,676 +2%
        2024$13,116 +0.9%$997,723 +2%
        2023$13,004 +4.1%$978,161 +3%
        2022$12,496 +2.4%$949,739 +2.7%
        2021$12,201 +37.6%$924,478 +35.5%
        2020$8,864 +14%$682,498 +2%
        2019$7,777 -10.3%$669,117 +2%
        2018$8,671 +16.3%$655,998 +18.2%
        2017$7,457 +13.3%$555,000 +11%
        2016$6,584 +5.1%$500,000 +8.7%
        2015$6,264 +11.3%$460,000 +15%
        2014$5,626 $400,000 +14.3%
        2013-- $350,000
        2012-- $350,000
        2011-- $350,000
        2010-- $350,000 -39.6%
        2009-- $579,641 +2%
        2008-- $568,276 +2%
        2007-- $557,134 +2%
        2006-- $546,210 +2%
        2005-- $535,500 +77.2%
        2004-- $302,240 +1.9%
        2003-- $296,702 +2%
        2002-- $290,885 +2%
        2001-- $285,183
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 91932

        Getting around

        78 / 100
        Very Walkable
        44 / 100
        Some Transit
        85 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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