
Imperial Beach, California 91932
This coastal duplex represents a Strong Value Opportunity, listed at a List Price of $1,395,000—positioned well below the $1,396,054 Fair Market Value by 0.07%. Featuring a Condition Rating of 3, this property offers updated kitchens and baths and ocean views in a prime location. With separate gas and water meters and VA approval, it provides significant flexibility for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-producing coastal asset with immediate move-in readiness.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 190 Evergreen Ave Subject 5 bd · 6 ba · 3,181 sqft · $439 | $1,395,000* List Price | 5 | 6 | 3,181 | $439 | - |
A 246 Elm Avenue Sold 5 bd · 4 ba · 2,138 sqft · $561 · 0.1 mi | $1,200,000 | 5 | 4 | 2,138 | $561 | 0.1 mi |
B 316 Elkwood Avenue Sold 4 bd · 2 ba · 2,120 sqft · $526 · 0.2 mi | $1,115,000 | 4 | 2 | 2,120 | $526 | 0.2 mi |
C 770 Delaware Active 7 bd · 6 ba · 3,948 sqft · $393 · 0.8 mi | $1,550,000 List Price | 7 | 6 | 3,948 | $393 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1980 but features recently updated kitchens and bathrooms with modern finishes, newer vinyl plank flooring, and fresh interior paint. The property is well-maintained with updated electrical sub-panels and a Section 1 Pest Clearance, though some dated elements like popcorn ceilings remain.
Situated just one block from the beach and pier, the property offers highly desirable ocean and pier views, placing it in a premium location for both lifestyle and rental demand.
The duplex configuration with separate gas and water meters, private two-car garages for each unit, and VA approval provides flexible options for income-producing rentals, multigenerational living, or owner-occupancy.
Both residences feature updated kitchens and bathrooms, newer vinyl plank flooring, and recent interior paint, complemented by a Section 1 Pest Clearance for a move-in ready experience.
The upper and lower units currently lack interior access, which may require significant renovation and city permitting for buyers desiring a unified single-family residence.
With a large 3,181 sq. ft. building footprint on a 4,758 sq. ft. lot, the property offers minimal private yard space, which may not appeal to buyers seeking significant green space or garden areas.
Variance granted for alternate property class. Coastal Duplex One block from the beach and Pier. This street-to-alley duplex offers two single-level residences suited for income producing investment, a coastal retreat, or multigenerational living. Unit A (ground floor) features 2 bedrooms, 2 bathrooms, breakfast nook and a separate dining room. Unit B (Upstairs) offers 3 bedrooms, 3.5 bathrooms (2 on-suites) and refreshing ocean-view from the Juliet balcony. New interior paint, a wraparound balcony off the primary bedroom, & a bonus California room. Both residences feature updated kitchens and baths and newer vinyl plank flooring. Each residence includes a private 2-car garage, washer and dryer, and separate gas and water meters. Recent improvements include updated electrical sub-panels and Section 1 Pest Clearance. Enjoy mature landscaping, NO HOA, and nearby restaurants, cafés, shops, and entertainment. Live in one and rent the other, accommodate extended family, or create your own ownership strategy. Per tax records, the property offers 3,181 sq. ft. of living space on a 4,758 sq. ft. lot. Multigenerational Living Potential! This unique property features two attached upper and lower residences offering privacy and independence for extended family living (Units A & B, currently with no interior access). Zoned for multifamily residential use, the property may offer the opportunity to connect both levels with an interior staircase or elevator/lift, creating a more unified living space. Any modifications subject to City of Imperial Beach approval,permits, buyer verification.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.2 |
| Baths | 6.0 | 2.0 |
| Square foot | 3,181 | 1,420 |
| Lot Size | 4,758 | 6,133.125 |
| Price | $1.40M | $891.5K |
| Price per sq ft | $439 | $642 |
| Built year | 1980 | 1957 |
| HOA | $0 | $0 |
| Days on market | 10 | 37 |
Oct 15, 2026
$1,395,000
Initial Listing