126 Elder, Imperial Beach, California 91932, Imperial Beach, 91932 - 1 bed, 1 bath
126 Elder
Imperial Beach, California 91932
Property Price
SUMMARY
Analysis of 126 Elder, Imperial Beach, California 91932 is currently available with a list price of $599,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Short-Term Rental Ready
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.
- Prime Beachfront Location
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.
- Exceptional Parking
Unlike many coastal condos, this unit includes two assigned off-street parking spaces, providing significant convenience and value in a high-traffic beach area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 822, other record living area = 647.
- Recent Value Decline
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.
- Older Construction
Built in 1988, the unit may lack the modern architectural features, open-concept layouts, and energy efficiencies found in newer coastal developments.
About 126 Elder
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- 10,279 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $430.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 13% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 822 | 851 | 40% |
| Lot Size | 10,279 | - | 60% |
| Price | $599.0K | $550.0K | 53% |
| Price per sq ft | $729 | $646 | 53% |
| Built year | 1988 | 1988 | 50% |
| HOA | $430.0 | $420 | 53% |
| Days on market | 8 | 214 | 7% |
Pricing History
Listed for Sale
Feb 27, 2026
$599,000
Initial Listing
Sold
Mar 28, 2022
$682,000
Public Record
Sold
Jun 11, 2010
$165,000
Public Record
Sold
Jul 17, 2008
$25,000
Public Record