875 11th Street, Imperial Beach, California 91932, Imperial Beach, 91932 - 2 bed, 1 bath
Loading property details...
Imperial Beach, California 91932
This Coastal Redevelopment Asset is listed at $775,000, reflecting a price point aligned with its $764,549 Fair Market Value. With a Poor Condition Rating, the existing structure is a prime candidate for a teardown to leverage the R-2 Zoning and Corner Lot advantages. The property offers significant Value-Add potential for multi-unit construction or a custom coastal compound in a high-demand beach community. This rare opportunity to secure land near the surf is an ideal acquisition for Real Estate Developers or Builders looking for a high-yield project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 875 11th Street Subject | $750,000* List Price | 2 | 1 | 693 | $1,082 | - |
A 535 12th St Active | $825,000 List Price | 2 | 1 | 780 | $1,058 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1942 with no evidence of major renovations, the property is explicitly marketed as a redevelopment opportunity or teardown. The listing describes the structure as being in poor condition and emphasizes the land value and R-2 zoning potential rather than the habitability of the existing 693 sqft home.
The R-2 zoning on a corner lot provides a rare opportunity for redevelopment into multiple units or a custom coastal compound, maximizing the property's investment value.
Situated just minutes from the beach, surf, and local dining, the property benefits from its location in a rapidly appreciating and desirable beach community.
The corner lot positioning offers enhanced accessibility, better street frontage, and greater architectural flexibility for future construction or multi-unit layouts.
The existing improvements are in poor condition and likely require a full teardown or extensive remodel, necessitating significant additional capital investment.
At $775,000 for a 693 sqft structure in disrepair, the price is almost entirely based on land value, which may be a high barrier for buyers not looking for a major project.
Endless possibilities await at 875 11th Street in Imperial Beach. This R-2 corner lot, just minutes from the beach, features an existing structure with a basement and massive potential for redevelopment into multiple units or a custom coastal compound (buyer to verify all zoning and building possibilities with the city). The current improvements are in poor condition and may be best suited for a full remodel or teardown, making this an ideal opportunity for builders, investors, or savvy buyers looking for a project in a rapidly improving beach community. With its desirable corner location, proximity to sand, surf, dining, and freeways, this property offers a rare chance to create something special in Imperial Beach.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 693 | 1,590 |
| Lot Size | - | 6,110 |
| Price | $750.0K | $858.9K |
| Price per sq ft | $1.1K | $642 |
| Built year | 1942 | 1957 |
| HOA | $0 | $0 |
| Days on market | 128 | 47 |
Jun 18, 2026
$750,000
$775,000
-3% Price Drop
Initial Listing
Mar 16, 2026
$775,000
Initial Listing