
Imperial Beach, California 91932
This Coastal Multi-Unit Property represents a Strong Value Opportunity, listed at $1,299,000—positioned above the $1,204,558 Fair Market Value. Despite the premium, the property offers a Mint Condition Rating following a 2023 renovation, including a new roof and updated plumbing. The inclusion of a Detached 2-Bedroom ADU provides significant income potential or multigenerational flexibility. While local school ratings are modest, the prime location three blocks from the beach ensures long-term desirability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 466 Calla Ave Subject | $1,299,000* List Price | 4 | 2 | 2,000 | $602 | - |
A 1226 8th St Sold | $1,330,000 | 6 | 4 | 2,120 | $627 | 0.9 mi |
B 205 Calla Ave Sold | $1,199,000 | 4 | 2 | 1,623 | $739 | 0.4 mi |
C 1245 East Lane Sold | $1,110,000 | 3 | 3 | 1,920 | $578 | 0.9 mi |
D 246 Calla Avenue Active | $1,625,000 List Price | 5 | 3 | 2,170 | $749 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1953, the property underwent a comprehensive renovation with major systems updated as recently as 2023, including a new roof, updated plumbing, and a tankless water heater. The kitchens and bathrooms have been fully remodeled with modern finishes and stainless steel appliances, and the addition of air conditioning and a detached ADU puts this in mint, move-in ready condition with no maintenance required.
The inclusion of a detached 2-bedroom, 1-bathroom ADU offers significant flexibility for rental income, guest housing, or a private workspace, adding substantial long-term value.
Situated just three blocks from the beach and within walking distance to the Imperial Beach Pier and local amenities, the property commands a premium for its lifestyle-centric location.
With a new roof, updated plumbing (2023), tankless water heater, and fully remodeled kitchens and bathrooms, the home provides a turn-key experience with reduced immediate maintenance needs.
The local middle and high schools carry relatively low ratings (3 and 4 out of 10), which may be a deterrent for families prioritizing high-performing educational districts.
Despite the extensive 2023 renovations, the original 1953 construction may still present the inherent layout limitations or aging infrastructure typical of mid-century homes.
COASTAL LIVING just 3 BLOCKS FROM THE BEACH! This beautifully updated home offers the flexibility today's buyers are looking for with a MAIN RESIDENCE PLUS A DETACHED 2 BEDROOM, 1 BATH ADU, ideal for MULTIGENERATIONAL LIVING, GUESTS, RENTAL INCOME, or a private workspace. Both the main home and ADU have been thoughtfully upgraded with REMODELED KITCHENS AND BATHROOMS, STAINLESS STEEL APPLIANCES, AIR CONDITIONING, FIREPLACES, and PRIVATE BEDROOM ENTRANCES. Additional improvements include a NEW ROOF, TANKLESS WATER HEATER, and UPDATED PLUMBING (2023). Step outside to a LOW MAINTENANCE BACKYARD featuring AUTOMATIC IRRIGATION, GAS HOOKUPS for a BBQ and future spa, and inviting outdoor space perfect for relaxing or entertaining family and friends. Enjoy an unbeatable location just minutes from the IMPERIAL BEACH PIER, local restaurants, breweries, shopping, and the BAYSHORE BIKEWAY, with easy access to Coronado and Downtown San Diego. Whether you're searching for a coastal home with built in income potential or extra space for extended family, this property offers a unique combination of LIFESTYLE, FLEXIBILITY, and LONG TERM VALUE in one of San Diego's premier beach communities.
No exterior & parking available.
Grades 7-8 • 1.7 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,000 | 1,590 |
| Lot Size | 6,000 | 6,110 |
| Price | $1.30M | $858.9K |
| Price per sq ft | $650 | $642 |
| Built year | 1953 | 1957 |
| HOA | $0 | $0 |
| Days on market | 19 | 47 |
Jul 3, 2026
$1,299,000
Initial Listing
Apr 16, 2024
$1,200,000
Public Record
Feb 28, 2023
$811,000
Public Record
Dec 27, 2016
$559,000
Public Record
May 16, 2013
$250,000
Public Record