
Imperial Beach, California 91932
This property presents a High-Potential Investment Opportunity with a List Price of $950,000—positioned above the $923,350 Fair Market Value. While the price reflects a premium, the 6-bedroom, 3-bathroom layout on a 7,553-square-foot lot offers significant value-add potential. With a Condition Rating of 5, the home requires a full renovation, yet its capacity for a three-unit conversion provides a clear path to increased rental income. This is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking to maximize density in a prime coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 986 9th St Subject | $950,000* List Price | 6 | 3 | 2,731 | $338 | - |
A 903 11th St Sold | $740,000 | 4 | 2 | 1,654 | $447 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953, this property is marketed as a 'blank canvas' and 'investment opportunity,' which are industry terms for a home needing a full rehab. The kitchen and bathrooms are significantly outdated with finishes and systems (like the wall heater) appearing to be over 30 years old, fitting the criteria for a property requiring major renovation.
The property offers a unique opportunity to convert the existing structure into three separate living units, providing significant rental income potential or flexible multigenerational living options.
With 6 bedrooms and over 2,700 square feet of living space on a generous lot, this home is exceptionally large for the Imperial Beach market, catering to high-occupancy needs.
Situated in the heart of Imperial Beach, the property provides excellent proximity to the beach, local dining, and retail, making it a highly desirable location for residents and tenants alike.
Marketed as a 'blank canvas,' the home likely requires significant capital investment for repairs and modernization to address its 1953 original condition.
Given the year built, the property may have outdated electrical, plumbing, and mechanical systems that could pose challenges during the conversion or renovation process.
*Endless Possibilities in Imperial Beach!* Welcome to this spacious 6-bedroom, 3-bathroom home offering 2,731 square feet of living space on a generous 7,553-square-foot lot. This property is a true blank canvas, ready to become the home you've been envisioning. With six bedrooms and three bathrooms, there is plenty of room for a large or multigenerational family to spread out and create a space that works for everyone. For those looking for an investment opportunity, the property's size and layout also offer the potential to convert the home into three separate living units, allowing you to live in one while renting the other two for additional income. The large lot provides valuable outdoor space and even more potential to make the property your own. Whether you're looking to create a spacious family home, accommodate multiple generations under one roof, or explore an income-producing investment, this property offers the space and flexibility to bring your vision to life. Located in the heart of Imperial Beach, you'll be close to the beach, local restaurants, shops, parks, and everything this unique coastal community has to offer. Bring your vision and unlock the potential of this exceptional Imperial Beach property!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,731 | 1,446.957 |
| Lot Size | 7,553 | 6,151.37 |
| Price | $950.0K | $882.9K |
| Price per sq ft | $348 | $664 |
| Built year | 1953 | 1957 |
| HOA | $0 | $0 |
| Days on market | 16 | 40 |
Aug 24, 2026
$950,000
Initial Listing