207 Elkwood Avenue, Imperial Beach, California 91932, Imperial Beach, 91932 - 3 bed, 2 bath
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207 Elkwood Avenue
Imperial Beach, California 91932
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,160Sq Ft
0.32Lot Size
Property Price
LIST PRICE$719,000
EST. MARKET VALUE
$642,990
11% AboveMARKET VALUE
SUMMARY
This 3-Bedroom Coastal Condominium represents a High-Potential Investment Opportunity, listed at $719,000—positioned above the $641,689 Fair Market Value. While priced at a premium, the property features a Condition Rating of 3, boasting modern updates like wood-plank tile and a new HVAC system. With a proven four-year Airbnb rental history and VA-approval, this unit offers significant versatility. Its prime location one block from the Pacific Ocean and private patio with sunset views make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey coastal lifestyle.
Estimated Market Value
$642,990
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 |
|---|---|---|---|---|---|---|
★ 207 Elkwood Avenue Subject 3 bd · 2 ba · 1,160 sqft · $554 | $719,000* List Price | 3 | 2 | 1,160 | $554 | - |
A 180 Date Ave Sold 2 bd · 2 ba · 1,331 sqft · $500 · 0.2 mi | $665,000 | 2 | 2 | 1,331 | $500 | 0.2 mi |
B 270 Dahlia Avenue 7 Sold 3 bd · 2 ba · 1,280 sqft · $477 · 0.4 mi | $610,000 | 3 | 2 | 1,280 | $477 | 0.4 mi |
C 1111 Seacoast Drive 9 Active 2 bd · 2 ba · 1,135 sqft · $449 · 0.2 mi | $510,000 List Price | 2 | 2 | 1,135 | $449 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1991, the property has been significantly updated to move-in ready condition. Key improvements include a modernized kitchen with stainless steel appliances, updated bathrooms, new wood-plank tile flooring, and a recently replaced HVAC system. The interior finishes and recessed lighting reflect a contemporary renovation likely completed within the last 5-10 years.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated just one block from the Pacific Ocean and Imperial Beach Pier, this property offers an exceptional lifestyle with immediate access to beaches, dining, and coastal trails.
- Investment & Financing Versatility
The condo is VA-approved and features a proven four-year Airbnb rental history, making it an attractive option for both military buyers and investors seeking immediate income potential.
- Desirable Single-Level Layout
As a rare three-bedroom corner unit on a single level, the home offers enhanced privacy, modern updates including new air conditioning, and a private patio with park and sunset views.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 13820. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1160, other record living area = 925. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- High Monthly HOA Fees
The $510 monthly association fee represents a significant recurring expense that may impact buyer affordability or reduce the net ROI for investment purposes.
- Regulatory Rental Risks
While the property has an established Airbnb history, future short-term rental operations are subject to evolving local permitting requirements and HOA rules, posing a potential risk to long-term revenue.
About 207 Elkwood Avenue
VA-APPROVED CONDO JUST ONE BLOCK FROM THE BEACH! Welcome to coastal living in the heart of Imperial Beach. This desirable SINGLE-LEVEL, 3-BEDROOM, 2-BATH CORNER UNIT offers the perfect combination of LOCATION, LIFESTYLE, and INVESTMENT POTENTIAL. Step inside to a bright, OPEN FLOOR PLAN featuring WOOD-PLANK TILE FLOORING, RECESSED LIGHTING, and an inviting coastal feel throughout. The UPDATED KITCHEN features STAINLESS STEEL APPLIANCES and opens seamlessly to the dining and living areas, creating a comfortable space for everyday living and entertaining. Enjoy THREE SPACIOUS BEDROOMS, TWO UPDATED FULL BATHROOMS, NEW AIR CONDITIONING, and a COVERED PRIVATE PATIO overlooking the nearby park where you can enjoy OCEAN BREEZES and beautiful SUNSET VIEWS. Additional highlights include TWO ASSIGNED PARKING SPACES, including ONE COVERED, GATED PARKING SPACE, plus the convenience of a VA-APPROVED COMMUNITY. This property also offers an ESTABLISHED RENTAL HISTORY, having generated Airbnb revenue for four consecutive years, providing an exciting opportunity for buyers looking for a PRIMARY RESIDENCE, SECOND HOME, or INVESTMENT PROPERTY, subject to applicable HOA rules, local regulations, and permitting requirements. LOCATION IS EVERYTHING! Enjoy being JUST ONE BLOCK FROM THE PACIFIC OCEAN and close to the IB PIER, BEACHES, WALKING AND BIKING TRAILS, RESTAURANTS, BREWERIES, FARMERS MARKETS, and everything the Imperial Beach lifestyle has to offer. BEACH LOCATION, SINGLE-LEVEL LIVING, CORNER UNIT, VA APPROVED, TWO PARKING SPACES, AND PROVEN RENTAL HISTORY — this is a coastal opportunity you don't want to miss!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1991
- Lot Size
- 0.32 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $510.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.6 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,160 | 1,335.222 |
| Lot Size | 0.32 | 25,499 |
| Price | $719.0K | $671.6K |
| Price per sq ft | $620 | $554 |
| Built year | 1991 | 1989 |
| HOA | $510.0 | $466 |
| Days on market | 44 | 66 |
Pricing History
Listed for Sale
Sep 11, 2026
$719,000
Initial Listing
Sold
Jul 8, 2020
$449,000
Public Record
Sold
Aug 31, 2017
$465,000
Public Record
Sold
Mar 28, 2001
$219,000
Public Record