Published January 21, 2026

Rare Multi-Unit Opportunity Near the Bay in Imperial Beach | 432 8th St

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Written by Deborah Vance

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A True Imperial Beach Unicorn at 432 8th Street

Some properties are special because of their condition. Others are special because of their location. And then there are properties like 432 8th Street in Imperial Beach, which are special because of what they offer today and what they make possible tomorrow.

Offered at $1,200,000, this rare opportunity includes two detached homes on one oversized 8,260 square foot lot, just steps from the Bay. With views, land, multiple garages, rental income, and zoning that supports future density, this is the kind of property that buyers wait years to see, and act fast when it finally appears.

Bay Proximity, Land, and Flexibility in One Exceptional Package

This property sits in one of Imperial Beach’s most desirable pockets, where Bay access, walkability, and long-term upside converge. The lot size alone sets it apart, offering space that is increasingly rare this close to the water.

Both homes feature brand-new roofs, giving future owners a major capital improvement already completed. Whether the vision is renovation, redevelopment, or long-term hold, the fundamentals are already strong.

The Front Home: Views, Yard Space, and Value-Add Potential

The front home is a 3-bedroom, 1-bath residence with unobstructed Bay views, an exceptional feature for a single-story home this close to the water. The footprint is generous and difficult to replicate, especially in this location.

Outside, the home offers a driveway with a two-car carport, along with expansive front, side, and back yard areas. This layout creates a real opportunity for expansion or a full reimagining.

Inside, the home includes a large kitchen, a dedicated laundry room with a full-size side-by-side washer and dryer, and a 253 square foot bonus room, believed to be a former garage converted decades ago. The interior requires a full update, making this a classic value-add opportunity in a high-demand coastal neighborhood.

The Back Home: Income, Garages, and Privacy

The second home, built in 1971, is a 2-bedroom, 1-bath residence that has been well-maintained and is currently tenant-occupied, providing immediate rental income.

One of the standout features is the parking. The back home includes a two-car garage facing the front, plus an additional one-car garage off the alley, a truly rare asset this close to the Bay. A private back patio creates a comfortable outdoor space ideal for entertaining or quiet enjoyment.

This home adds stability and income while future plans are considered, making the property attractive to both investors and owner-users.

The Real Magic: Redevelopment and Future Density

What truly sets 432 8th Street apart is its future potential. With Imperial Beach’s favorable multi-unit zoning, this property is positioned for a compelling coastal redevelopment play.

Buyers may choose to remodel both existing homes or start fresh with two modern, two-story coastal residences with rooftop decks. From a second story and roofline, future owners can expect sweeping, unobstructed views of the Bay, downtown San Diego skyline, the Coronado Bridge, the Strand, and Point Loma.

There is also strong potential for ADUs associated with each residence, opening the door to as many as four total units, subject to buyer verification. For developers, investors, or owner-users looking to live in one home and monetize the rest, this flexibility is exceptional.

A Property That Rarely Comes Along

Bay proximity. Views. Multiple garages. Expansion potential. Income. Land. Properties with this combination simply do not come along often in Imperial Beach. And when they do, they do not last.

Whether the goal is long-term appreciation, strategic redevelopment, or creating a multi-generational or income-producing coastal property, 432 8th Street represents one of the most compelling opportunities currently available in Imperial Beach.

Ready to Explore What This Property Could Become?

Opportunities like 432 8th Street in Imperial Beach do not come around often. Whether you are an investor looking for future density, an owner-user wanting to live near the Bay while generating income, or a buyer with a long-term coastal vision, this property offers options that are becoming increasingly rare.

If you would like to review the renderings, walk the lot, discuss redevelopment scenarios, or understand how this property fits your goals, I am here to help you think through every angle.

Let’s talk about your goals in Imperial Beach. Reach out today to explore your options.
📞 619-884-8783
📧 deborah@radiantrealtyca.com

Frequently Asked Questions

Q: Is this property zoned for multiple units?
Yes, the property is zoned multi-unit, which supports its current configuration and creates potential for additional development, subject to buyer verification.

Q: Can the property support ADUs?
Imperial Beach zoning may allow ADUs associated with each residence, potentially creating up to four units. Buyers should confirm with the city to explore specific options.

Q: Is there existing rental income?
Yes, the back home is currently tenant-occupied and generating rental income, providing cash flow while future plans are considered.

Q: How rare is the parking situation for this location?
Extremely rare. The property offers multiple garages and carport spaces, including alley-access parking, which is highly unusual this close to the Bay.

Q: Who is this property best suited for?
This property is ideal for investors, developers, or owner-users who want flexibility, income, and long-term upside in a premier coastal location.

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