
Imperial Beach, California 91932
This Updated Coastal Condominium is a Strong Value Opportunity, listed at $499,000—positioned well below the $532,259 Fair Market Value by 6%. This valuation gap offers $33,259 in Instant Equity for the incoming buyer. The unit features a Condition Rating of 3, highlighted by a remodeled kitchen with butcher block countertops, newer appliances, and fresh paint. Located less than a mile from the beach with rare gated underground parking, it balances lifestyle appeal with investment potential. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 631 7th St 13 Subject | $499,000* List Price | 2 | 1 | 1,003 | $531 | - |
A 631 7th Street 11 Sold | $495,000 | 2 | 1 | 851 | $582 | 0.0 mi |
B 615 9th Street 4 Sold | $425,000 | 2 | 1 | 850 | $500 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent updates that elevate it above its 1991 build year. The kitchen has been modernized with butcher block countertops, a custom backsplash, and newer stainless steel appliances. Additionally, the unit features laminate flooring throughout, fresh paint, and recently replaced essential systems including the water heater (2020) and washer/dryer (2021), fitting the criteria for a well-maintained and partially renovated home.
Situated less than a mile from the beach and within 15 minutes of Coronado and local naval bases, offering excellent lifestyle appeal and high rental demand.
The unit is move-in ready featuring a thoughtfully remodeled kitchen with butcher block countertops, updated appliances, and fresh paint throughout.
Includes two rare side-by-side parking spaces in a gated underground garage along with dedicated storage, providing significant convenience and security.
With only one bathroom serving two bedrooms, the layout may be less convenient for families or co-living arrangements compared to units with a second bath.
The assigned public schools have lower performance ratings (ranging from 2 to 4), which could be a consideration for families prioritizing education metrics.
VA APPROVED! Rarely available 2 bed 1 bath condo in Imperial Beach with a spacious, functional layout and laminate flooring throughout. The kitchen has been thoughtfully remodeled with a custom backsplash, butcher block countertops, and newer appliances, giving the space a fresh, modern feel. The entire unit has also been recently repainted, making it truly move-in ready. Additional features include a full-size washer and dryer replaced in October 2021 and a water heater replaced in June 2020. Both bedrooms offer comfortable space and great natural light. The unit includes two dedicated side-by-side parking spaces with storage in a gated underground garage. Ideally located less than a mile from the beach, 15 minute drive to Coronado, close to local shops, dining, walking/biking trails, and several naval bases.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 1.4 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 43% |
| Square foot | 1,003 | 927 | 50% |
| Lot Size | - | - | 50% |
| Price | $499.0K | $629.5K | 43% |
| Price per sq ft | $498 | $585 | 21% |
| Built year | 1991 | 1989 | 50% |
| HOA | $235.0 | $400 | 21% |
| Days on market | 28 | 231 | 7% |
Mar 25, 2026
$499,000
Initial Listing
Jul 5, 2022
$445,000
Public Record
Sep 6, 2017
$325,000
Public Record
Jun 30, 2005
$319,000
Public Record