940 Calla Ave 15, Imperial Beach, California 91932, Imperial Beach, 91932 - 4 bed, 2 bath
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Imperial Beach, California 91932
This Rare 4-Bedroom Coastal Penthouse is listed at $580,000, offering a fair and stable acquisition at its $580,000 Fair Market Value. Boasting a Condition Score of 3, the interior features a Granite Kitchen and recent system upgrades including a newer roof and central furnace. Residents enjoy Unobstructed Bay Views and a community pool, while the All-Inclusive HOA covers gas, electricity, and water for simplified budgeting. Located near the Bayshore Bikeway and served by Mar Vista Senior High, this turnkey home provides exceptional coastal utility. It is an ideal fit for Growing Families or Coastal Lifestyle Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 940 Calla Ave 15 Subject | $590,000* List Price | 4 | 2 | 1,504 | $392 | - |
A 221 Donax 10 Sold | $650,000 | 3 | 3 | 1,353 | $480 | 0.3 mi |
B 238 Daisy Avenue 6 Sold | $750,000 | 3 | 3 | 1,510 | $497 | 0.9 mi |
C 631 7th St 13 Pending | $499,000 List Price | 2 | 1 | 1,003 | $498 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
The monthly association fee covers essential utilities including gas, electricity, water, and trash, providing significant cost savings and simplified monthly budgeting for the homeowner.
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.
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.
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.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades 7-8 • 1.2 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 93% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,504 | 1,064 | 71% |
| Lot Size | 19,501 | - | 86% |
| Price | $590.0K | $629.5K | 43% |
| Price per sq ft | $392 | $585 | 7% |
| Built year | 1990 | 1989 | 50% |
| HOA | $650.0 | $426 | 71% |
| Days on market | 142 | 231 | 36% |
Apr 14, 2026
$590,000
$580,000
+2% Price Increase
Initial Listing
Mar 24, 2026
$580,000
$588,000
-1% Price Drop
Initial Listing
Mar 18, 2026
$588,000
$590,000
+0% Price Increase
Initial Listing
Jan 20, 2026
$590,000
$650,000
-9% Price Drop
Initial Listing
Dec 1, 2025
$650,000
Initial Listing
Sep 22, 2017
$385,000
Public Record
Sep 9, 2014
$280,000
Public Record
Jun 27, 2003
$275,000
Public Record