
Imperial Beach, California 91932
This Duplex Residential Income property is a High-Potential Investment Opportunity, listed at $1,199,000—positioned slightly above the $1,175,489 Fair Market Value. Featuring an Excellent Condition Rating due to $40k in recent renovations, this turnkey asset includes modern stainless appliances and quartz countertops. The corner lot offers significant development potential for vertical expansion or additional units. Located near major Naval bases and just 9 blocks from the beach, this property is perfectly suited for Buy-and-Hold Investors or Owner-Occupants utilizing a "house hack" strategy to supplement income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 935 Elm Avenue Subject | $1,149,000* List Price | 0 | 0 | 1,710 | $667 | - |
A 777 Cypress Avenue Active | $1,375,000 List Price | 0 | 0 | 2,266 | $607 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1958, the property qualifies as Excellent due to very recent renovations (one unit 2 years ago, the other 2 months ago). The updates include new stainless steel appliances, butcherblock and quartz countertops, modern LVP flooring, and fresh paint throughout, making it move-in ready with no immediate maintenance required.
WOW! Imperial Beach is one of the last affordable beach communities in southern California. Single story corner lot Duplex, only 9-blocks from the beach! Both units have been recently updated, Elm about 2-years ago & Emory 2 months ago. Elm has stainless appliances and butcherblock counters, open plan to kitchen. Emory kept the vintage cabinets but added sleek new quarts countertops. Live in one side and rent out the other. Great opportunity for the VA or FHA buyer to supplement your income. Being on the corner you may consider developing multiple units on 1-lot or adding vertically. The garage is detached and has power connected to the Elm unit. Parking for roughly 6 cars off street total. Over $40k in recent renovation between both units. Close to North Island, Seal & Amphib Coronado Bases, 13th st Imperial Beach Naval Landing Field, and 32nd Naval Base San Diego, Nasco and National City Harbor Drive, Wamble & Brinser St docs.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 1.0 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,710 | - |
| Lot Size | 7,199 | - |
| Price | $1.15M | $1.04M |
| Price per sq ft | $672 | $483 |
| Built year | 1958 | 0 |
| HOA | $0 | $0 |
| Days on market | 30 | 48 |
Jul 9, 2026
$1,149,000
$1,199,000
-4% Price Drop
Initial Listing
Jun 23, 2026
$1,199,000
Initial Listing