
Imperial Beach, California 91932
This Turn-Key Coastal Condo is a Strong Value Opportunity, listed at $729,000—positioned slightly above the $721,017 Fair Market Value. Despite the minor premium, the property maintains a Mint Condition Rating due to comprehensive modern renovations, including a fully upgraded kitchen and newer HVAC. Located just one block from the Pacific Ocean, this residence offers a premium lifestyle with a spacious covered patio and park views. This is an ideal acquisition for lifestyle-focused professionals or vacation home buyers seeking a move-in ready beachside sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 207 Elkwood Avenue 1 Subject | $729,000* List Price | 3 | 2 | 1,160 | $624 | - |
A 510 Finch Ln Sold | $705,000 | 2 | 3 | 1,172 | $602 | 0.8 mi |
B 173 Palm Avenue Active | $699,000 List Price | 2 | 2 | 1,035 | $675 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1991, the property has undergone a comprehensive modern renovation within the last 5 years. It features a fully upgraded kitchen with stainless steel appliances, updated bathrooms with glass enclosures, wood-plank tile flooring, and newer HVAC systems, making it a turn-key, mint-condition home.
Situated just one block from both the Pacific Ocean and the estuary reserve, this property offers exceptional walkability to the beach, nature trails, and local dining.
As a rarely available 3-bedroom, first-floor corner unit, the home provides excellent accessibility and an open, light-filled floor plan that is highly sought after in the condo market.
The interior is move-in ready, featuring contemporary wood plank tile flooring, an upgraded kitchen with stainless steel appliances, and the added value of a newer AC system.
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.
The monthly association fee of $510 is a significant recurring cost that may impact the overall affordability and budget for some prospective buyers.
Being a ground-floor corner unit adjacent to a public park and beach access paths may result in higher levels of foot traffic and reduced privacy on the outdoor patio.
This isn't just a beach condo. It's a turnkey short-term rental with a verified track record. Generating consistent Airbnb revenue for four consecutive years, 207 Elkwood is the rare coastal investment that delivers lifestyle and returns. Situated just one block from the Pacific Ocean in the heart of Imperial Beach, this single-level 3-bedroom corner condo its in one of San Diego County's most in-demand vacation rental markets, where beachside demand stays strong year-round. Why guests book it again and again: The light-filled open layout, wood plank tile flooring, recessed lighting, and coastal aesthetic photograph beautifully and check every box on a traveler's wishlist. The upgraded kitchen with stainless steel appliances flows into the living and dining areas perfect for families and groups. Three spacious bedrooms and two updated full bathrooms comfortably accommodate the larger parties that drive higher nightly rates. The covered patio overlooks a nearby park with ocean breezes and sunset views. A private gate provides direct beach access the kind of amenity that earns five-star reviews and repeat bookings. New AC keeps guests comfortable year-round, and two assigned parking spaces (including one covered gated spot) eliminate a common pain point for coastal renters. The location sells itself: Bordered by the Pacific Ocean and the Tijuana Estuary Reserve, one of Southern California's largest coastal wetlands guests come for the beach and stay for the experience. Walking trails, birding, biking, the iconic IB Pier, local breweries, seafood restaurants, farmers markets, and year-round community events keep occupancy high and reviews glowing. Whether you're adding to your short-term rental portfolio or making your first investment, this condo comes with the hardest thing to find: proof it works.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,160 | 1,324.5 |
| Lot Size | 0.32 | 4,767 |
| Price | $729.0K | $684.0K |
| Price per sq ft | $628 | $601 |
| Built year | 1991 | 1991 |
| HOA | $510.0 | $392 |
| Days on market | 56 | 92 |
May 27, 2026
$729,000
Initial Listing
Apr 30, 2021
$639,000
Public Record
May 13, 2019
$559,000
Public Record
Aug 25, 2014
$315,000
Public Record
Jul 13, 2001
$209,000
Public Record