126 Elder, Imperial Beach, California 91932, Imperial Beach, 91932 - 1 bed, 1 bath
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Imperial Beach, California 91932
This Turnkey Short-Term Rental Asset is a commercial unit listed at $599,000, reflecting the premium value of its Short-Term Rental Approved status compared to the $556,756 Fair Market Value. Holding a Condition Rating of 3, the property is fully furnished and currently operates as a successful Airbnb with a Super Host rating. Key features include LVP flooring, two assigned parking spaces, and a shared rooftop deck offering a Peek-A-Boo Ocean View. Located steps from the sand, this unit offers immediate ROI potential. It is an ideal opportunity for Short-Term Rental Investors or Vacation Home Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 126 Elder Subject | $599,000* List Price | 1 | 1 | 822 | $677 | - |
A 631 7th Street 11 Sold | $495,000 | 2 | 1 | 851 | $582 | 0.9 mi |
B 106 Calla Ave Sold | $714,000 | 2 | 1 | 770 | $927 | 0.4 mi |
C 1460 Seacoast Drive 1 Sold | $609,000 | 2 | 2 | 755 | $807 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and currently operating as a successful short-term rental. It features modern luxury vinyl plank (LVP) flooring, recent interior paint, and updated full-size appliances. While the building was constructed in 1988, the interior has been well-maintained and partially updated to meet current market standards, requiring no immediate renovations.
The property is a rare, short-term rental approved commercial unit with an active Super Host rating, offering immediate income potential and turnkey convenience with all furniture included.
Situated just steps from the beach, the unit offers a highly walkable lifestyle near local shops and restaurants, complemented by a shared rooftop deck with ocean views.
Unlike many coastal condos, this unit includes two assigned off-street parking spaces, providing significant convenience and value in a high-traffic beach area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 822, other record living area = 647.
The current list price of $599,000 is significantly lower than the 2022 sale price of $682,000, which may indicate a shift in local market demand or previous overvaluation.
Built in 1988, the unit may lack the modern architectural features, open-concept layouts, and energy efficiencies found in newer coastal developments.
An incredible opportunity to own a short term approved commercial unit in Imperial Beach just steps to the beach. Currently operating as an Airbnb and features a Super Host rating, this unit is completely ready to make your home away from home or use to generate income. Condo has LVP flooring, full size appliances, and was recently painted throughout. Unit has in closet stackable washer + dryer and comes with all furniture. Unit also features 2 assigned off street parking spaces to make coming to and from the beach a breeze. Enjoy sunsets from the shared roof top deck and experience a walkable Southern California lifestyle with easy accessibility to local restaurants, shops, and activities. *Photos features how the unit currently furnished as well as examples of how it was staged in the past.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 7% |
| Baths | 1.0 | 2.0 | 43% |
| Square foot | 822 | 850.5 | 43% |
| Lot Size | 10,279 | - | 64% |
| Price | $599.0K | $629.5K | 43% |
| Price per sq ft | $729 | $617 | 57% |
| Built year | 1988 | 1988 | 50% |
| HOA | $430.0 | $425 | 50% |
| Days on market | 54 | 231 | 7% |
Feb 27, 2026
$599,000
Initial Listing
Mar 28, 2022
$682,000
Public Record
Jun 11, 2010
$165,000
Public Record
Jul 17, 2008
$25,000
Public Record