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Sold for $3,400,000
  • $3,400,000

    786 Basswood Ave, Imperial Beach, CA 91932

    --beds
    0baths
    6,360sqft
    Multi Family
    Built in ----
    -- sqft lot
    $3,421,900 Zestimate®
    $535/sqft
    $2,739 Estimated rent

    Home value

    $3,421,900

    $3.15M - $3.73M

    $2,739/mo

    Zestimate® history
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    What's special

    Basswood Beach Apartments are ideally situated at the north end of Imperial Beach, offering direct access to the Silver Strand and Bayshore Bikeway with stunning views overlooking the San Diego National Wildlife Refuge. Nestled in a quiet, beach-town neighborhood with abundant street parking, the property provides a peaceful yet convenient coastal living experience. The community consists of two-bedroom, one-bath units, each featuring in-unit washers and dryers. Originally built in 1973, Basswood Beach Apartments underwent an extensive renovation in 2019, including fully upgraded interiors, a refreshed exterior, a new roof, and upgraded electrical panels. The turnkey units showcase high-end finishes, modern fixtures, and premium appliances, making this an exceptional investment opportunity for those seeking a low-maintenance, pride-of-ownership asset with strong cash flow potential. The prime location enhances walkability, with convenient retail options along Palm Avenue, less than half a mile away. Nearby businesses include Grocery Outlet, Starbucks, CVS, Dollar Tree, and Five Guys Burgers, among others. Additionally, the property is just minutes from Seacoast Drive, where residents can enjoy beachfront dining, lively bars, and the weekly farmers’ market.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bill Anderson DRE #01441142 858-245-4887,

    Acre Investment Real Estate

    Bought with:

    OUT OF AREA, DRE #00000000

    OUT OF AREA

    Source: SDMLS,MLS#: 250026145MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total structure area: 6,360
    • Total interior livable area: 6,360 sqft

    Property

    Parking
    • Total spaces: 11
    Features
    • Stories: 2
    Details
    • Parcel number: 6260221200
    • Zoning: M
    • Zoning description: M

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Community & HOA

    Location
    • Region: Imperial Beach

    Financial & listing details

    • Price per square foot: $535/sqft
    • Date on market: 5/1/2025

    Price history

    DateEventPrice
    6/23/2025Pending sale$3,550,000+4.4%$558/sqft
    Source: SDMLS #250026145 Report a problem
    6/20/2025Sold$3,400,000-12.8%$535/sqft
    Source: SDMLS #250026145 Report a problem
    8/4/2023Sold$3,900,000$613/sqft
    Source: SDMLS #230008354 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 91932

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $3,421,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,421,900