432 34 8th St, Imperial Beach, California 91932, Imperial Beach, 91932 - bed, bath

432 34 8th St, Imperial Beach, California 91932 home-pic-0
ACTIVE$1,200,000$2,134/sqft
432 34 8th St, Imperial Beach, California 91932
0Bed
0Bath
2,134Sqft
8,260Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Development Potential: Large 8,260 sq.ft. lot with favorable zoning for ADUs (up to four doors total) and coastal redevelopment, offering significant future value and density.
Top Cons:
Front House Requires Extensive Renovation: The front house is explicitly stated to need a 'full interior update,' indicating a significant capital investment and renovation project for the buyer.

Compared to the nearby listings

Price:$1.20M vs avg $1.16M (+$36,250)75%
Size:2,134 sqft vs avg 1,963 sqft50%
Price/sqft:$562 vs avg $55150%

More Insights

Built in 1955 (71 years old).
Condition: The property consists of two homes built in 1955 and 1971. The front house explicitly 'needs a full interior update,' with images showing very dated features like shag carpet and an old, yellow-tiled bathroom. While the back house is described as 'well maintained,' its kitchen features outdated wood cabinets, tile countertops, and older appliances, and the bathroom has an older vanity and fixtures. Both homes require substantial rehabilitation and modernization, aligning with the 'poor' condition criteria, where the property's value is primarily in its redevelopment potential rather than the current state of the structures.
Year Built
1955
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$562
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2600473
Home ConditionPoor
Features
Good View:
Patio
View-

About this home

Rare opportunity to own two detached homes on one huge lot with 8,260 sq.ft. Just steps from the Bay, this is a true Imperial Beach unicorn with views, land, and future density baked in. Both houses have new roofs. The front 3/1 house offers unobstructed bay views with an exceptional footprint rarely found this close to the water. It features a driveway with a two-car carport, an expansive front yard, plus side and back yards, ideal for expansion or re-imagining. Inside, there’s a large kitchen, a dedicated laundry room with full-size, side-by-side washer/dryer, and a 253 sq. ft. bonus room (likely a former garage decades ago.) The home needs a full interior update, making it a prime value-add opportunity in one of IB’s most desirable pockets. The back house, built in 1971, is a 2-bedroom, 1-bath home with a two-car garage in the front, plus an additional one-car garage off the alley, an increasingly rare asset this close to the Bay. It has been well maintained, includes a private back patio perfect for entertaining, and is currently tenant-occupied, offering immediate income. The real magic? The future. This property is perfectly positioned for a coastal redevelopment play. Remodel both homes or start fresh with two modern, two-story coastal residences with rooftop decks. From a second story and roofline, expect sweeping, unobstructed views of the Bay, downtown San Diego skyline, Coronado Bridge, the Strand, and Point Loma. With Imperial Beach’s favorable zoning, this lot may support ADUs for each residence, creating the potential for up to four doors, an exceptional opportunity for investors, developers, or owner-users looking to live in one and monetize the rest. Please check out the renderings of what could be on this lot! Bay proximity. Views. Multiple garages. Expansion potential. Properties like this simply do not come along often, and when they do, they don’t last.

D
Deborah Vance
Listing Agent
Condition Rating
Poor

The property consists of two homes built in 1955 and 1971. The front house explicitly 'needs a full interior update,' with images showing very dated features like shag carpet and an old, yellow-tiled bathroom. While the back house is described as 'well maintained,' its kitchen features outdated wood cabinets, tile countertops, and older appliances, and the bathroom has an older vanity and fixtures. Both homes require substantial rehabilitation and modernization, aligning with the 'poor' condition criteria, where the property's value is primarily in its redevelopment potential rather than the current state of the structures.
Pros & Cons

Pros

Exceptional Development Potential: Large 8,260 sq.ft. lot with favorable zoning for ADUs (up to four doors total) and coastal redevelopment, offering significant future value and density.
Prime Bayfront Proximity & Views: Located just steps from the Bay, with existing unobstructed bay views from the front house and potential for sweeping panoramic views from future second stories/rooftop decks.
Dual Income-Generating Property: Features two detached homes, with the back unit currently tenant-occupied, providing immediate rental income and investment opportunity.
Abundant Parking & Garages: Includes a two-car carport, a two-car garage, and an additional one-car garage off the alley, a rare and valuable asset in this coastal location.
Recent Structural Upgrades: Both homes have new roofs, reducing immediate capital expenditure on a critical structural component.

Cons

Front House Requires Extensive Renovation: The front house is explicitly stated to need a 'full interior update,' indicating a significant capital investment and renovation project for the buyer.
Age of Original Structures: Built in 1955 and 1971, the homes are older, which may lead to ongoing maintenance needs or require comprehensive modernization beyond the new roofs.
Significant Capital Investment Required: Realizing the property's full redevelopment and income potential necessitates substantial financial outlay for renovations, potential ADU construction, or a complete rebuild.
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