829 11th St, Imperial Beach, California 91932, Imperial Beach, 91932 - 4 bed, 5 bath
829 11th St
Imperial Beach, California 91932
Property Price
SUMMARY
Analysis of 829 11th St, Imperial Beach, California 91932 reveals a Prime Investment Opportunity with a current list price of $1,650,000—significantly undercutting the $1,765,580 Fair Market Value by 7%. This valuation gap indicates a +$115,580 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Imperial Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property, specifically the two rear units built in January 2025, and the description stating 'all units fully upgraded,' indicate brand new construction or very recent, extensive renovations. The images confirm modern kitchens with white shaker cabinets, stainless steel appliances, and contemporary backsplashes, along with updated bathrooms featuring glass shower enclosures and new fixtures. Modern flooring, split AC units, and tankless water heaters further support an excellent condition, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Income Potential
This 4-plex generates a total rent of $9,150/month, offering substantial income for investors or the flexibility for an owner-operator to live in one unit and rent the others.
- Brand New Construction & Modern Upgrades
Two rear units were built in January 2025, and all units are fully upgraded with modern amenities including tankless water heaters, split AC units, ensuring low maintenance and contemporary living.
- Desirable Lifestyle Amenities
The rear units boast attached 1-car garages and stunning rooftop patios with beach and sunset views, significantly enhancing tenant appeal and property value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2435, other record living area = 1360. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Property Type Discrepancy
The `sub_type` is listed as 'Single Family Residence' while the description clearly states it's a '4plex,' which is a significant inconsistency requiring immediate clarification for potential buyers.
- Future Construction/Pre-Sale Status
The `year_built` (2025) and `on_market_date` (late 2025) indicate the property is either newly completed or still under construction/pre-sale, which could lead to potential delays or changes from the current description.
About 829 11th St
Total Rent received= $9,150! Incredible 4plex w/lots of potential! Live in one, rent the other's. Two rear units, blt. Jan 2025, All units fully upgraded with tankless water heaters, separate gas & electric meters. Back units enjoy attached 1car garage & stunning rooftop patio with beach & sunset views perfect for entertaining or relaxing. Ample amount of parking, multiple washers & dryers, split ac units & private yard for the front unit, making this a rare, turnkey gem for investors or owner-operators. Buyers & buyers agent to verify all herein prior to submitting an offer!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2025
- Lot Size
- 7,489 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 5.0 | 2.0 | 92% |
| Square foot | 2,435 | 1,446.5 | 95% |
| Lot Size | 7,489 | 6,133 | 92% |
| Price | $1.65M | $844.0K | 97% |
| Price per sq ft | $678 | $611 | 66% |
| Built year | 2025 | 1959 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 201 | 8% |
Pricing History
Listed for Sale
Dec 19, 2025
$1,650,000
Initial Listing
Sold
Oct 19, 2021
$111,000
Public Record
Sold
Apr 5, 2019
$469,000
Public Record
Sold
Aug 21, 1998
$112,000
Public Record