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.”