Whitewater Commercial Real Estate presents an excellent opportunity to acquire a well-located multifamily asset in the coastal community of Imperial Beach, CA. Built in 1970, 635 Emory Street is a 15-unit apartment community positioned north of Palm Avenue, one of Imperial Beach's primary commercial corridors, and within roughly a mile of the beach, the pier, and the neighborhood's shopping and dining. The property features a functional unit mix of (13) 2-bedroom/1-bathroom units and (2) 1-bedroom/1-bathroom units, with 7 of the 15 units offering the convenience of in-unit laundry and 3 garages providing additional parking and income upside. The property presents investors with a genuine blend of stabilized cash flow and value-add potential. A portion of the units have already been renovated with white shaker-style cabinetry, quartz countertops, matte gold fixtures, and updated bathrooms with tiled tub/shower surrounds and modern vanities, while the remaining original units offer a clear path to increased rents through further interior upgrades. Wood-look plank flooring and open, functional layouts run throughout the community. With its coastal Imperial Beach location, in-place income from renovated units, and meaningful upside in the unrenovated units, 635 Emory Street offers investors a rare combination of immediate stability and forward-looking growth in one of San Diego County's most enduring rental markets.