940 Calla Ave 15, Imperial Beach, California 91932, Imperial Beach, 91932 - 4 bed, 2 bath

940 Calla Ave 15, Imperial Beach, California 91932 home-pic-0

940 Calla Ave 15

Imperial Beach, California 91932

ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,504Sq Ft
19,501Lot Size

Property Price

LIST PRICE$590,000

SUMMARY

Analysis of 940 Calla Ave 15, Imperial Beach, California 91932 is currently available with a list price of $590,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and well-maintained with significant recent updates including new dual-pane windows, a new forced-air furnace, and a newer roof (approx. 5 years old). The kitchen features granite countertops and newer stainless steel appliances, while the interior has been refreshed with wood-look laminate flooring. Although built in 1990, these consistent system and cosmetic updates elevate the condition above fair.

PROSSTRENGTHS & OPPORTUNITIES

  • Panoramic Bay Views

    This top-level penthouse offers rare, unobstructed views of the San Diego Bay and downtown skyline from three of the four bedrooms and the main living area, providing a high-end coastal atmosphere.

  • Rare 4-Bedroom Layout

    At 1,504 square feet, this unit provides a hard-to-find four-bedroom configuration in a coastal market, offering exceptional value and space for families or those needing a home office.

  • All-Inclusive HOA Utilities

    The monthly association fee covers essential utilities including gas, electricity, water, and trash, providing significant cost savings and simplified monthly budgeting for the homeowner.

CONSRISKS & DEFICIENCIES

  • Low School Ratings

    The property is served by local schools with lower-than-average ratings, which may be a significant drawback for families prioritizing high-performing academic districts.

  • High Monthly HOA Dues

    At $650 per month, the HOA fee represents a substantial recurring expense that may impact buyer financing qualifications and overall monthly affordability despite the included utilities.

About 940 Calla Ave 15

Live the Penthouse Dream: Unobstructed Bay Views, enchanting sunsets over downtown San Diego. Step into a top-level sanctuary where every day begins and ends in sunlight. This expansive 1,504 sq.ft. penthouse-style condo delivers the rare combination of 4 true bedrooms, an open great room, and spectacular bay views from three of the four bedrooms. It’s called a million-dollar view for a reason! Inside, the home feels bright, inviting, and generously scaled. The 31’ x 14’ great room seamlessly blends living and dining, creating an effortless flow for entertaining or relaxed coastal living. The kitchen features two-tiered granite counters for casual bar seating, custom cabinetry, and newer stainless-steel refrigerator and dishwasher. Throughout the home you’ll find new dual-pane windows, newer custom blinds, wood-look laminate flooring, and fresh flooring in the bedrooms and hallway. Major improvements include a newer roof (approx. 5 years) and a new forced-air furnace for central heat. From the front balcony, enjoy a tranquil view of the community pool. (Washer/dryer hookups are located in the kitchen pantry.) Perfectly positioned for a true Imperial Beach lifestyle, this home is just moments from the Breakwater Town Center, incredible dining options, shopping at the Imperial Beach Promenade, and best of all, the world-famous 24-Mile Bayshore Bikeway. Picture miles of serene, car-free walking and biking with the Bay on one side and the Pacific Ocean on the other. People travel the world to experience this… yet for you, it’s just outside your door. And here’s the kicker: it’s a steal. A 4-bedroom penthouse with these views, this square footage, and this walkability should easily be pushing $800K in today’s market. Instead, you’re getting all of it for only $590,000. Opportunities like this rarely show up - especially in coastal San Diego. This is penthouse living, a million-dollar view, and a wildly underpriced piece of Imperial Beach… all wrapped into one. HOA payment includes: Gas, Electricity, Water and Trash.

Property Details

Public Facts

Property Type
Condominium
Year Built
1990
Lot Size
19,501 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$650.0 / Month

Neighborhood Insights

Imperial Beach Unified Schools

Bayside Elementary School

Grades K-6 • 0.1 mi

2/10

Mar Vista Academy

Grades 7-8 • 1.2 mi

3/10

Mar Vista Senior High School

Grades 9-12 • 0.6 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.02.0
93%
Baths2.02.0
50%
Square foot1,504952
87%
Lot Size19,501-
87%
Price$590.0K$550.0K
53%
Price per sq ft$392$582
7%
Built year19901990
50%
HOA$650.0$420
73%
Days on market96214
20%

Pricing History

Listed for Sale

Jan 20, 2026

$590,000

$650,000

-9% Price Drop

Initial Listing

Price Change

Dec 1, 2025

$650,000

Initial Listing

Sold

Sep 22, 2017

$385,000

Public Record

Sold

Sep 9, 2014

$280,000

Public Record

Sold

Jun 27, 2003

$275,000

Public Record

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