
Imperial Beach, California 91932
This Turnkey Condominium is a Strong Value Opportunity, listed at $450,000—positioned well below the $455,236 Fair Market Value by 1%. This valuation gap offers $5,236 in Instant Equity. Featuring a Good Condition Rating, the unit includes a Granite Kitchen, Luxury Vinyl Flooring, and an Oversized Balcony with ocean views. Located in a gated community near the beach, it offers a refined coastal lifestyle. This property is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1085 12th St F Subject | $450,000* List Price | 2 | 1 | 825 | $552 | - |
A 1290 Holly Ave Sold | $445,000 | 2 | 2 | 735 | $605 | 0.4 mi |
B 1461 Hemlock Sold | $549,000 | 2 | 2 | 993 | $553 | 0.6 mi |
C 1340 Holly Ave 18 Sold | $460,000 | 2 | 1 | 800 | $575 | 0.4 mi |
D 631 7th St 13 Sold | $503,000 | 2 | 1 | 1,003 | $501 | 0.8 mi |
E 1328 Iris Avenue Active | $449,000 List Price | 2 | 1 | 798 | $563 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004 (22 years old), the property is exceptionally well-maintained and move-in ready. It features recent updates including luxury vinyl flooring and stainless steel appliances. The kitchen and bathroom contain granite countertops and appear fully functional with no immediate maintenance required, aligning with the 'Good' criteria for well-maintained homes in the 10-20+ year range.
Situated just 12 blocks from the beach with views extending to Mexico, this unit offers a desirable coastal lifestyle within walking distance to local dining and shopping.
The condo features high-quality upgrades including granite countertops, stainless steel appliances, and luxury vinyl flooring, ensuring a move-in-ready experience.
As one of only ten residences in a gated complex, the property provides enhanced privacy, security, and the convenience of underground garage parking.
With only one bathroom serving two bedrooms, the layout may be less convenient for multi-occupant households or those who frequently host guests.
The assigned public schools, particularly the elementary school with a rating of 2, may be a drawback for families prioritizing high-performing school districts.
1st Open House, 9/6, 11:am-1:pm. Sun-filled living at Imperial Palms Condos! This beautifully maintained 2-bedroom unit still feels brand new, built in 2004 and move-in ready. Step out onto the oversized balcony spanning the entire width of the home and take in ocean breezes with views clear to Mexico. Location doesn't get much better: about 12 blocks to the beach and walking distance to great restaurants and shopping. Inside, you'll find matching stainless steel appliances, granite counters throughout the kitchen and bathroom, ceramic tile in the kitchen and bedrooms, and luxury vinyl flooring in the living room and hallway. Crown molding adds a polished touch to this bright, spacious condo, one of only ten residences in the building. Dual glazed vinyl windows and sliding-glass doors keep things quiet and efficient. Parking includes one assigned spot in the underground garage, plus free additional spaces with alley access, first come, first served. Gated and quaint, this community offers the peace of mind you're looking for.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades 7-8 • 0.6 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 1.0 | 2.0 |
| Square foot | 825 | 1,259.143 |
| Lot Size | - | 27,212.714 |
| Price | $450.0K | $606.8K |
| Price per sq ft | $545 | $543 |
| Built year | 2004 | 1988 |
| HOA | $382.0 | $423 |
| Days on market | 9 | 60 |
Aug 31, 2026
$450,000
Initial Listing
Jan 15, 2010
$90,000
Public Record