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Imperial Beach Multifamily Makes for Prime Investment

A 24,144-square-foot multifamily property located at 870 13th St. in Imperial Beach recently sold for $9.5 million. The 33-unit property is located just three blocks from the San Diego Bay and within walking distance to dining, retail and nightlife amenities.

Peter Scepanovic and Corey McHenry of Colliers San Diego’s multifamily advisory group represented the undisclosed buyer and seller.

“This newly renovated community provides an ideal coastal living experience in a serene pocket of Imperial Beach,” said Scepanovic. “Just minutes from the beach, this convenient location and comfortable suburban setting make Imperial Beach Palms an ideal investment opportunity.”

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About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

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