991 Connecticut Street, Imperial Beach, California 91932, Imperial Beach, 91932 - 2 bed, 1 bath
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991 Connecticut Street
Imperial Beach, California 91932
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
696Sq Ft
5,662.8Lot Size
Property Price
LIST PRICE$650,000
EST. MARKET VALUE
$600,585
8% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned above the $617,174 Fair Market Value. While the current structure has a Condition Rating of 6, the 5,662 sqft corner lot with alley access provides significant Development Potential for new construction or expansion. Located in the Sweetwater Union district, this asset is best suited for those looking to maximize land utility rather than existing square footage. This is a strategic acquisition ideal for Developers or Buy-and-Hold Investors focused on long-term coastal appreciation.
Estimated Market Value
$600,585
Based on Realkey algorithm analyzing recent comparable sales in Imperial Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 991 Connecticut Street Subject | $650,000* List Price | 2 | 1 | 696 | $863 | - |
A 521 Dahlia Ave Sold | $650,000 | 2 | 1 | 744 | $874 | 0.3 mi |
B 875 11th Street Active | $750,000 List Price | 2 | 1 | 693 | $1,082 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1941 (85 years old) with no evidence of recent renovations. The listing is explicitly marketed to investors and developers for its land value and development potential, indicating the structure is likely at the end of its functional life.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The property is a prime candidate for redevelopment or expansion, featuring a corner lot with alley access that offers significant flexibility for investors and developers to maximize the site's utility.
- Coastal Location
Situated in the desirable Imperial Beach area, the property provides a sought-after coastal lifestyle within walking distance to Mar Vista Senior High School and the beach.
- Lot Configuration
The generous 5,662 sqft corner lot provides superior accessibility and layout options compared to standard mid-block parcels, facilitating easier construction logistics for ADUs or new builds.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With only 696 square feet of living area, the current structure is exceptionally small, which may limit its appeal to traditional owner-occupants without a significant expansion.
- Significant Renovation Needs
Built in 1941 and marketed specifically as an investor opportunity, the home likely requires substantial capital expenditure to modernize or a complete teardown to realize its full market value.
About 991 Connecticut Street
PRICE REDUCED!! CALLING ALL INVESTORS & DEVELOPERS! Incredible opportunity in Imperial Beach! Charming beach bungalow situated on a corner lot with alley access, offering exciting possibilities for the savvy investor. Buyer to verify all zoning, development possibilities, and requirements with the City. Enjoy the coastal lifestyle and endless potential this property has to offer. Bring your vision and make the most of this rare beach-area opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 5,662.8 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Imperial Beach Unified Schools
Mar Vista Academy
Grades 7-8 • 1.3 mi
3/10
Mar Vista Senior High School
Grades 9-12 • 0.2 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 696 | 1,446.957 |
| Lot Size | 5,662.8 | 6,151.37 |
| Price | $650.0K | $882.9K |
| Price per sq ft | $934 | $664 |
| Built year | 1941 | 1957 |
| HOA | $0 | $0 |
| Days on market | 21 | 40 |
Pricing History
Listed for Sale
Sep 3, 2026
$650,000
$699,000
-7% Price Drop
Initial Listing
Price Change
Aug 19, 2026
$699,000
Initial Listing