1038 8th Street, Imperial Beach, California 91932, Imperial Beach, 91932 - 4 bed, 3 bath
1038 8th Street
Imperial Beach, California 91932
Property Price
SUMMARY
Analysis of 1038 8th Street, Imperial Beach, California 91932 reveals a Prime Investment Opportunity with a current list price of $839,900—significantly undercutting the $940,602 Fair Market Value by 10%. This valuation gap indicates a +$100,702 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Imperial Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1038 8th Street Subject | $839,900* List Price | 4 | 3 | 2,340 | $402 | - |
A 718 Oneonta Ave Sold | $810,000 | 3 | 2 | 1,787 | $453 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1969, this property is well-maintained but shows its age. While it features some specific updates such as new bathroom vanities and solar panels for the pool, the overall construction and kitchen appear to be functional but dated. It fits the 'Fair' criteria as a home over 20 years old that has undergone partial updates rather than a full modern renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated directly across from Veterans Park and within walking distance to the beach and estuary, this home offers exceptional access to outdoor recreation, libraries, and local dining.
- Versatile Living Space
With 2,340 square feet featuring four bedrooms, a bonus room, and separate living and family rooms, the layout provides significant flexibility for large families or home offices.
- Private Outdoor Oasis
The backyard is optimized for entertainment with a lounging deck and a swimming pool equipped with solar panels, offering a rare private retreat in a coastal neighborhood.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Vintage Construction
Built in 1969, the property may require updates to its original systems or further modernization beyond the bathroom vanities to meet contemporary efficiency standards.
- Compact Lot Size
The 4,000-square-foot lot is relatively small for a home of this size with a pool, which may limit additional yard space for gardening or traditional green areas.
About 1038 8th Street
Back on the market, no fault of property or seller. This 2-story home is a rare find in Imperial Beach! Offering 2340 sq. ft of living space, this property features four generously sized bedrooms and 2.5 bathrooms with updated vanities. Designed for both comfort and functionality, the home includes a large family room and a separate living room with a spacious kitchen between for easy entertaining. A bonus room and dedicated laundry room add extra versatility and convivence. Step out to the backyard with a lounging deck and nicely sized swimming pool that can be heated passively or by solar panels. The front yard features a patio-style setting with privacy landscaping, perfect for relaxing or entertaining guests. Ideally located across the street from Veterans Park, which includes a dog park, library, senior center, soccer filed and more. Down the street are Police and Fire stations, public transportation and bike lanes. Enjoy walks to the beach, estuary, shopping and restaurants, making this home a perfect blend of space, comfort and coastal convenience.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 4,000 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
Mar Vista Academy
Grades 7-8 • 1.2 mi
Mar Vista Senior High School
Grades 9-12 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 2,340 | 1,446.5 | 92% |
| Lot Size | 4,000 | 6,100 | 32% |
| Price | $839.9K | $841.5K | 50% |
| Price per sq ft | $359 | $593 | 5% |
| Built year | 1969 | 1959 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 201 | 5% |
Pricing History
Listed for Sale
Feb 20, 2026
$839,900
Initial Listing
Sold
Mar 23, 2010
$360,000
Public Record
Sold
Jul 25, 2006
$550,000
Public Record