577 Florence St, Imperial Beach, California 91932, Imperial Beach, 91932 - 2 bed, 2 bath
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577 Florence St
Imperial Beach, California 91932
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
768Sq Ft
3,920Lot Size
Property Price
LIST PRICE$750,000
EST. MARKET VALUE
$731,383
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $750,000—positioned well below the $755,925 Fair Market Value by 0.78%. This valuation gap offers $5,925 in Instant Equity. Featuring a Condition Rating of 2, the home includes a modern kitchen and dual-pane windows. With alley access and approved blueprints for a 1-bedroom ADU, this property provides significant development potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with long-term growth.
Estimated Market Value
$731,383
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 |
|---|---|---|---|---|---|---|
★ 577 Florence St Subject 2 bd · 2 ba · 768 sqft · $952 | $750,000* List Price | 2 | 2 | 768 | $952 | - |
A 980 Georgia St Active 2 bd · 1 ba · 775 sqft · $774 · 0.5 mi | $599,999 List Price | 2 | 1 | 775 | $774 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1961, the property has undergone a comprehensive recent renovation (likely within the last 5 years). It features a modern kitchen with butcher block countertops, new wide-plank flooring, dual-pane windows, recessed lighting, and updated fixtures, presenting in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The property includes blueprints for a future 1-bedroom ADU and features alley access, offering significant value-add opportunities for investors or multi-generational living.
- Extensive Parking & Storage
Rare for the area, the lot provides a long driveway and ample space for multiple vehicles, including dedicated parking for an RV or boat.
- Modernized & Move-In Ready
The interior has been thoughtfully updated with a remodeled kitchen, newer flooring, and energy-efficient dual-pane windows, ensuring a turnkey experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3920, other record lot size in square feet = 4003. Living area discrepancy between mls listing and other public or private record. mls listing living area = 768, other record living area = 683.
- Compact Interior Footprint
With only 768 square feet of living space, the home's interior layout is relatively small, which may feel restrictive for larger households.
- Lower School Ratings
The assigned elementary and middle schools have low performance ratings (2/10 and 3/10), which could impact long-term resale value for family-oriented buyers.
About 577 Florence St
SELLER OFFERING 2-1 RATE BUYDOWN WITH ACCEPTABLE OFFER! Here’s an opportunity to make homeownership in Imperial Beach more affordable while getting a move-in-ready home with outdoor space, plenty of parking, and future potential. This charming 2-bedroom, 2-bath home features an updated kitchen, newer flooring, dual-pane windows, and a bright, comfortable layout. Outside, you’ll find a spacious yard, alley access, and a long driveway with room for multiple vehicles, RV or boat parking. The seller also has blueprints available for a proposed 1-bedroom ADU, offering additional possibilities for the property. Just a few houses from the Bayshore Bikeway and minutes from the beach, Imperial Beach Pier, shopping and dining, this home puts you close to everything that makes the IB lifestyle so special. With the right offer, the seller is willing to contribute toward a 2-1 interest rate buydown to help reduce the buyer’s initial monthly payments. Ask your agent for details and come see the possibilities at 577 Florence St!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 3,920 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Imperial Beach Unified Schools
Bayside Elementary School
Grades K-6 • 0.4 mi
2/10
Mar Vista Academy
Grades 7-8 • 0.9 mi
3/10
Mar Vista Senior High School
Grades 9-12 • 1.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.2 |
| Baths | 2.0 | 2.0 |
| Square foot | 768 | 1,420 |
| Lot Size | 3,920 | 6,133.125 |
| Price | $750.0K | $891.5K |
| Price per sq ft | $977 | $642 |
| Built year | 1961 | 1957 |
| HOA | $0 | $0 |
| Days on market | 39 | 37 |
Pricing History
Listed for Sale
Sep 16, 2026
$750,000
Initial Listing
Sold
Nov 9, 2021
$590,000
Public Record
Sold
Jan 17, 2007
$345,000
Public Record
Sold
Mar 18, 2005
$400,000
Public Record
Sold
Mar 6, 2001
$140,000
Public Record