777 Cypress Ave, Imperial Beach, CA, 91932
About This Home
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.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1959
Type & Style
- Home type: MultiFamily
- Property subType: Triplex
Interior
Appliances
- Laundry features: None
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
Features
- Common walls with other units/homes: No Common Walls
Interior Area
- Total structure area: 2,266
- Total interior livable area: 2,266 sqft
Property
Details
- Parcel number: 6261323200
- Zoning: R-3000-D Two-Family Detac
- Special condition: Standard
Features
- Entry location: Front
- Pool features: None
Lot
- Lot size: 9,658 sqft
- Features: 0-1 Unit/Acre
Parking
- Total spaces: 3
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Coastal Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in San Diego County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,952 | $83,424 |
| Home Insurance * | $229 | $2,748 |
| Property Taxes | $1,549 | $18,588 |
| Electricity | $485 | $5,830 |
| Total | $9,215 | $110,580 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-15 | Price change | $1,375,000 |
| 2026-03-19 | Listed for sale | $1,599,000 |
| 2021-02-01 | Sold | $919,000 |
| 2020-02-26 | Sold | $915,000 |
| 2004-04-28 | Sold | $525,000 |
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