173 Palm Avenue, Imperial Beach, California 91932, Imperial Beach, 91932 - 2 bed, 2 bath
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173 Palm Avenue
Imperial Beach, California 91932
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,035Sq Ft
0Lot Size
Property Price
LIST PRICE$649,999
EST. MARKET VALUE
$599,978
8% AboveMARKET VALUE
SUMMARY
This Strong Value Opportunity is a coastal townhome listed at $649,999, positioned well below the $599,979 Fair Market Value by -8%. Featuring a Mint Condition Rating with a recently renovated kitchen and bathroom, this property offers a turnkey lifestyle just 1.5 blocks from the ocean. With Short-Term Rental Approval and an Attached 2-Car Garage, it provides significant flexibility. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-demand location near local breweries and eateries.
Estimated Market Value
$599,978
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 |
|---|---|---|---|---|---|---|
★ 173 Palm Avenue Subject | $649,999* List Price | 2 | 2 | 1,035 | $580 | - |
A 180 Date Ave Sold | $665,000 | 2 | 2 | 1,331 | $500 | 0.2 mi |
B 631 7th St 13 Sold | $503,000 | 2 | 1 | 1,003 | $501 | 0.7 mi |
C 1111 Seacoast Dr 2 Sold | $500,000 | 2 | 2 | 1,135 | $441 | 0.5 mi |
D 510 Finch Ln Sold | $705,000 | 2 | 3 | 1,172 | $602 | 0.7 mi |
E 207 Elkwood Avenue 1 Active | $729,000 List Price | 3 | 2 | 1,160 | $628 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1987, the property has undergone a complete recent renovation within the last 5 years. The kitchen features modern high-gloss cabinetry and stainless steel appliances, and the full bathroom has been fully updated with contemporary tiling, meeting the criteria for mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated just 1.5 blocks from the ocean on the coveted Palm Avenue, the property offers exceptional walkability to the beach and trendy local breweries and eateries.
- High Investment Potential
The building is short-term rental approved and VA-complex approved, providing excellent flexibility for both investors and first-time buyers.
- Modernized Interior & Parking
The unit features a recently renovated kitchen and bathroom, fresh paint, and the rare convenience of an attached two-car garage.
CONSRISKS & DEFICIENCIES
- Vertical Layout
The three-level floor plan requires navigating multiple flights of stairs between the garage, living area, and bedrooms, which may be inconvenient for some residents.
- Modest School Ratings
The assigned local middle and high schools have lower performance ratings, which could be a drawback for families prioritizing educational metrics.
About 173 Palm Avenue
*REDUCED PRICE TO SELL* PERFECT FOR FIRST TIME BUYER OR AS AN INVESTMENT RENTAL! SHORT TERM RENTAL APPROVED BUILDING! This townhome is 1 1/2 blocks walking distance from the ocean on the coveted Palm Ave in Imperial Beach. Across the street are new eateries and breweries that have enhanced the prime location. Few minutes drive from Coronado and Chula Vista. Open plan kitchen and living area as well two nice size bedrooms upstairs. This unit is 3 levels (bottom is garage and patio, 2nd is kitchen and living room with a balcony, and 3rd is the two bedrooms and a full bathroom). Upgraded kitchen with grey cabinets and stainless steel appliances. Freshly painted unit as well as the full bathroom completely renovated recently. 2 car garage attached! Seller to do a 1031 Exchange at no cost to the buyer. VA Approved Complex.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $297.0 / Month
Neighborhood Insights
Imperial Beach Unified Schools
Mar Vista Academy
Grades 7-8 • 2.0 mi
3/10
Mar Vista Senior High School
Grades 9-12 • 0.5 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,035 | 1,259.143 |
| Lot Size | - | 27,212.714 |
| Price | $650.0K | $606.8K |
| Price per sq ft | $628 | $543 |
| Built year | 1987 | 1988 |
| HOA | $297.0 | $423 |
| Days on market | 15 | 60 |
Pricing History
Listed for Sale
Aug 25, 2026
$649,999
Initial Listing
Sold
Jun 7, 2022
$799,000
Public Record
Sold
Jun 12, 2020
$550,000
Public Record
Sold
Aug 8, 2019
$525,000
Public Record
Sold
Feb 14, 2014
$304,000
Public Record
Sold
May 21, 2002
$260,000
Public Record