173 Palm Avenue, Imperial Beach, California 91932, Imperial Beach, 91932 - 2 bed, 2 bath
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Imperial Beach, California 91932
This Prime Investment Opportunity is listed at $739,000, positioned well below the $760,929 Fair Market Value by 2%. This valuation gap offers $21,929 in Instant Equity. Featuring a Mint Condition Rating with a renovated kitchen and bath, this Short-Term Rental Approved townhome offers immediate cash-flow potential. Located 1.5 blocks from the ocean, it provides a high-demand coastal lifestyle. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, VA-approved coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 173 Palm Avenue Subject | $739,000* List Price | 2 | 2 | 1,035 | $735 | - |
A 106 Calla Ave Sold | $714,000 | 2 | 1 | 770 | $927 | 0.1 mi |
B 180 Date Ave Active | $679,999 List Price | 2 | 2 | 1,331 | $511 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1987, the property has undergone a high-quality recent renovation within the last 5 years. The kitchen features modern grey cabinetry, quartz-style countertops, and stainless steel appliances, while the bathroom has been completely updated with contemporary fixtures. The unit is in mint, move-in-ready condition.
Situated just 1.5 blocks from the ocean on the coveted Palm Avenue, this property offers exceptional walkability to the beach, local breweries, and new eateries.
The building is short-term rental (STR) approved and VA-complex approved, making it an ideal asset for both vacation rental investors and military buyers.
The home features a recently renovated kitchen with stainless steel appliances, fresh paint, and a fully remodeled bathroom, providing immediate move-in value.
The three-level layout requires navigating multiple flights of stairs daily, which may not appeal to buyers with mobility concerns or those seeking a more open floor plan.
With 1,035 square feet distributed over three floors, the individual living areas and bedrooms may feel smaller and more segmented than single-level units of similar size.
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.
No exterior & parking available.
Grades 7-8 • 2.0 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,035 | 1,014 | 50% |
| Lot Size | - | - | 50% |
| Price | $739.0K | $674.5K | 71% |
| Price per sq ft | $714 | $585 | 79% |
| Built year | 1987 | 1989 | 50% |
| HOA | $248.0 | $370 | 21% |
| Days on market | 22 | 114 | 7% |
May 15, 2026
$739,000
Initial Listing
Jun 7, 2022
$799,000
Public Record
Jun 12, 2020
$550,000
Public Record
Aug 8, 2019
$525,000
Public Record
Feb 14, 2014
$304,000
Public Record
May 21, 2002
$260,000
Public Record