1032 Iris Ave, Imperial Beach, California 91932, Imperial Beach, 91932 - 4 bed, 3 bath
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1032 Iris Ave
Imperial Beach, California 91932
ACTIVE
CONDITION: FAIR
4Beds
3Baths
1,428Sq Ft
6,300Lot Size
Property Price
LIST PRICE$955,000
EST. MARKET VALUE
$869,346
9% AboveMARKET VALUE
SUMMARY
This Versatile Coastal Property represents a Strong Value Opportunity, listed at $955,000—positioned well above the $869,346 Fair Market Value by -9%. Featuring a 4-bedroom, 3-bath layout with a self-contained apartment, this home offers significant Dual-Living Potential and rental income utility. While the Condition Rating of 4 suggests dated finishes, the Real Hardwood Floors and Large Tile Patio provide a solid foundation. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, multi-generational coastal residence.
Estimated Market Value
$869,346
Based on Realkey algorithm analyzing recent comparable sales in Imperial Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1032 Iris Ave Subject | $955,000* List Price | 4 | 3 | 1,428 | $609 | - |
A 737 Hemlock Avenue Sold | $875,000 | 3 | 2 | 1,590 | $550 | 0.4 mi |
B 985 Fern Ave Sold | $799,900 | 4 | 2 | 1,632 | $490 | 0.4 mi |
C 1129 Holly Avenue Sold | $785,000 | 3 | 2 | 1,008 | $779 | 0.2 mi |
D 1178 14th Street Sold | $799,000 | 3 | 2 | 1,219 | $655 | 0.5 mi |
E 939 Holly Ave Sold | $859,000 | 3 | 2 | 1,470 | $584 | 0.2 mi |
F 1125 Holly Avenue Sold | $789,000 | 3 | 3 | 1,224 | $645 | 0.1 mi |
G 979 Connecticut Sold | $845,000 | 3 | 2 | 1,258 | $672 | 0.8 mi |
H 1250 8th St Sold | $845,000 | 3 | 2 | 1,038 | $814 | 0.5 mi |
I 1217 Holly Ave Pending | $866,000 List Price | 4 | 2 | 1,299 | $667 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1959 with renovations that appear to be 20+ years old. While the home is well-maintained and features real hardwood floors and crown molding, the kitchen and bathrooms are dated with oak cabinetry and older white appliances, indicating they are past their prime design cycle and will eventually need modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Living Potential
The property is uniquely configured as two separate units—a 3-bedroom main home and a 1-bedroom apartment with its own entrance and laundry—offering excellent rental income potential or multi-generational living options.
- Premium Interior Finishes
The interior boasts high-quality features including real hardwood floors, crown molding, and three skylights that flood the living spaces with natural light, adding significant character and value.
- Coastal Corner Lot
Situated on a 6,300 sqft corner lot in the desirable Imperial Beach community, the home features a large covered tile patio that maximizes the outdoor coastal lifestyle.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1428, other record living area = 1008. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Lower School Ratings
The local schools assigned to this address have relatively low ratings (ranging from 3 to 4), which may be a drawback for families prioritizing high-performing educational districts.
- Vintage Infrastructure
Built in 1959, the property may require more frequent maintenance or updates to its older mechanical and structural systems compared to more modern residential builds.
About 1032 Iris Ave
Sellers to entertain offers between $925,000- $955,000! Live the coastal lifestyle in this charming and versatile corner single-story home. It offers endless possibilities featuring 4 bedrooms and 3 full bathrooms, currently configured to live like two separate units a 3/2 home and a 1/1 450sf apartment, with it's own front entrance and patio. The home is ideal for multi-generational living or rental income. Open layout kitchen, REAL hardwood floors throughout, crown molding, and 3 skylights bringing in lots of natural light. Outside features a large tile patio with a patio cover. The apartment has 1 bedroom, living room, kitchen, and it's own in unit laundry. This home is located in the coastal community of Imperial Beach—home to the southernmost beaches in Southern California and known for its peaceful seaside living. Don't let this home pass you by!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 6,300 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Imperial Beach Unified Schools
Oneonta Elementary School
Grades K-6 • 0.2 mi
3/10
Mar Vista Academy
Grades 7-8 • 0.8 mi
3/10
Mar Vista Senior High School
Grades 9-12 • 1.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,428 | 1,446.957 |
| Lot Size | 6,300 | 6,151.37 |
| Price | $955.0K | $882.9K |
| Price per sq ft | $669 | $664 |
| Built year | 1959 | 1957 |
| HOA | $0 | $0 |
| Days on market | 48 | 40 |
Pricing History
Listed for Sale
Jul 23, 2026
$955,000
Initial Listing