843 Georgia St., Imperial Beach, California 91932, Imperial Beach, 91932 - 2 bed, 2 bath
Loading property details...
843 Georgia St.
Imperial Beach, California 91932
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,084Sq Ft
7,503Lot Size
Property Price
LIST PRICE$850,000
EST. MARKET VALUE
$869,673
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well below the $869,673 Fair Market Value by 2%. This valuation gap offers $19,673 in Instant Equity. Featuring a Mint Condition Rating with a Granite Kitchen and a Finished Basement, the home includes approved Tentative Parcel Map (TPM) plans for a 3-bedroom ADU. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage development potential in a prime coastal location.
Estimated Market Value
$869,673
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 |
|---|---|---|---|---|---|---|
★ 843 Georgia St. Subject | $850,000* List Price | 2 | 2 | 1,084 | $802 | - |
A 961 9th Sold | $905,000 | 2 | 2 | 1,040 | $870 | 0.6 mi |
B 1055 11th Sold | $767,000 | 2 | 1 | 875 | $877 | 0.5 mi |
C 1178 14th Street Sold | $799,000 | 3 | 2 | 1,219 | $655 | 0.4 mi |
D 1401 9th St Sold | $865,000 | 3 | 2 | 1,014 | $853 | 0.9 mi |
E 1209 Holly Avenue Sold | $815,000 | 3 | 2 | 1,032 | $790 | 0.7 mi |
F 1129 Holly Avenue Sold | $785,000 | 3 | 2 | 1,008 | $779 | 0.7 mi |
G 851 Holly Avenue Sold | $911,000 | 3 | 2 | 1,316 | $692 | 0.9 mi |
H 1122 Iris Ave Sold | $895,000 | 3 | 2 | 1,359 | $659 | 0.8 mi |
I 924 Florida Street Active | $779,000 List Price | 3 | 2 | 984 | $792 | 0.3 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.
Despite the 1947 build date, the property has undergone a comprehensive recent renovation. The kitchen features modern white shaker cabinets, granite countertops, subway tile backsplash, and stainless steel appliances. The interior shows updated laminate flooring, recessed lighting, and a fully finished basement, placing it in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7503, living area = 1084.
- Development Potential
The property includes approved Tentative Parcel Map (TPM) plans for a 3-bedroom, 2-bath ADU, providing a significant value-add opportunity for investors or multigenerational living.
- Prime Coastal Location
Situated just 1.5 miles from the beach in a quiet, walkable neighborhood, the home offers easy access to local dining, coffee shops, and shopping.
CONSRISKS & DEFICIENCIES
- Aging Primary Structure
Built in 1947, the main residence may require ongoing maintenance or updates to older systems and infrastructure typical of homes from this era.
- Limited Main Footprint
At 1,084 square feet, the primary 2-bedroom home offers a relatively small living area, which may feel restrictive for buyers not immediately looking to build the ADU.
About 843 Georgia St.
Rare development opportunity just 1.5 miles from the beach! Property includes approved Tentative Parcel Map (TPM) plans to build a brand-new 3-bedroom, 2-bath ADU, offering incredible potential for added value, rental income, or multigenerational living. Live in or rent out the existing 2-bedroom, 1.5-bath home while completing the final map and preparing for construction. The current home features an updated kitchen with granite countertops and stainless steel appliances, plus a finished basement ideal for a home office, studio, or bonus space. Located on a quiet street within walking distance to restaurants, coffee shops, shopping, and more, with ample off-street parking.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 7,503 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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,084 | 1,446.957 |
| Lot Size | 7,503 | 6,151.37 |
| Price | $850.0K | $882.9K |
| Price per sq ft | $784 | $664 |
| Built year | 1947 | 1957 |
| HOA | $0 | $0 |
| Days on market | 50 | 40 |
Pricing History
Listed for Sale
Jul 21, 2026
$850,000
Initial Listing
Sold
Jan 8, 2018
$500,000
Public Record
Sold
Jan 8, 2013
$306,000
Public Record
Sold
Jun 6, 2012
$194,000
Public Record