Imperial Beach (91932) Homes with One Level Stories

Imperial Beach (91932) Homes with One Level Stories

Welcome to Imperial Beach, California, a hidden gem nestled in the heart of San Diego County. Known for its stunning coastal scenery and laid-back vibe, Imperial Beach (zip code 91932) offers residents an unparalleled beach lifestyle, complete with sun-soaked days and vibrant sunsets. As the southernmost beach city in California, it boasts miles of pristine sandy shores, perfect for swimming, surfing, and beachcombing. The community is not just about the ocean; it thrives on a rich tapestry of local culture, with charming restaurants, boutique shops, and community events that foster a strong sense of belonging.

For those looking to settle down in this picturesque locale, homes with one-level stories are a popular choice. These single-story residences provide both convenience and comfort, making them ideal for individuals of all ages. With no stairs to navigate, one-level homes are perfect for families, retirees, or anyone seeking easy access to all the amenities that Imperial Beach has to offer. Many of these homes are designed with open floor plans, allowing for seamless flow between living spaces, and often feature private outdoor areas for enjoying the beautiful Southern California weather.

Living in Imperial Beach means embracing a lifestyle where the ocean is just a stone's throw away, and every day feels like a vacation. Whether you’re sipping coffee on your patio or taking a leisurely stroll along the beach, you’ll quickly discover why so many are drawn to this vibrant coastal community. Explore the charm of one-level homes in Imperial Beach and find your perfect slice of paradise today!

Newest Imperial Beach (91932) Homes with One Level Stories

$719,000
3 Beds ⋅ 2 Baths ⋅ PTP2606913 MLS ⋅ Active Status
VA-APPROVED CONDO JUST ONE BLOCK FROM THE BEACH! Welcome to coastal living in the heart of Imperial Beach. This desirable SINGLE-LEVEL, 3-BEDROOM, 2-BATH CORNER UNIT offers the perfect combination of LOCATION, LIFESTYLE, and INVESTMENT POTENTIAL. Step inside to a bright, OPEN FLOOR PLAN featuring WOOD-PLANK TILE FLOORING, RECESSED LIGHTING, and an inviting coastal feel throughout. The UPDATED KITCHEN features STAINLESS STEEL APPLIANCES and opens seamlessly to the dining and living areas, creating a comfortable space for everyday living and entertaining. Enjoy THREE SPACIOUS BEDROOMS, TWO UPDATED FULL BATHROOMS, NEW AIR CONDITIONING, and a COVERED PRIVATE PATIO overlooking the nearby park where you can enjoy OCEAN BREEZES and beautiful SUNSET VIEWS. Additional highlights include TWO ASSIGNED PARKING SPACES, including ONE COVERED, GATED PARKING SPACE, plus the convenience of a VA-APPROVED COMMUNITY. This property also offers an ESTABLISHED RENTAL HISTORY, having generated Airbnb revenue for four consecutive years, providing an exciting opportunity for buyers looking for a PRIMARY RESIDENCE, SECOND HOME, or INVESTMENT PROPERTY, subject to applicable HOA rules, local regulations, and permitting requirements. LOCATION IS EVERYTHING! Enjoy being JUST ONE BLOCK FROM THE PACIFIC OCEAN and close to the IB PIER, BEACHES, WALKING AND BIKING TRAILS, RESTAURANTS, BREWERIES, FARMERS MARKETS, and everything the Imperial Beach lifestyle has to offer. BEACH LOCATION, SINGLE-LEVEL LIVING, CORNER UNIT, VA APPROVED, TWO PARKING SPACES, AND PROVEN RENTAL HISTORY — this is a coastal opportunity you don't want to miss!

207 Elkwood Avenue Unit 1, Imperial Beach

$2,600,000
NDP2608136 MLS ⋅ Active Status
1240–1270 Holly Avenue represents a rare opportunity to acquire a well maintained, five unit multifamily asset with meaningful value add and redevelopment potential in Imperial Beach, San Diego’s southernmost coastal community. The property is situated west of Interstate 5 and approximately two miles from the Pacific Ocean, placing it within a rapidly evolving coastal submarket characterized by sustained renter demand, ongoing revitalization, and increasing investor interest. Long term family ownership and consistent upkeep underscore the stability and pride of ownership inherent in this offering. The asset comprises approximately 5,260 rentable square feet across five detached single family style residences, supplemented by a large rear storage structure. The unit mix includes two 2 bedroom/1 bath units of roughly 860 square feet each, two 3 bedroom/1 bath units of approximately 1,008 square feet each, and one 2 bedroom/2 bath unit of approximately 1,524 square feet. All homes are believed to have been constructed circa 1960 and feature both front and rear yards. Four units are equipped with single car garages, while one unit offers a covered carport, providing ample on site parking and enhancing tenant convenience. The generous outdoor areas present opportunities for future enhancements that may support increased rental value. The property has been selectively upgraded over time, including interior and exterior painting, new flooring, entry improvements, plumbing and drain line upgrades, replacement of water valves and fixtures, electrical fixture updates with GFCI outlet enhancements, one roof replacement with tune ups on remaining roofs, refinished kitchen and bath surfaces, newer wall heaters, and updated fencing. Despite these improvements, current rents remain below market, and ownership estimates an approximate 15 percent total income upside achievable through unit turnover and additional interior modernization. INVESTMENT PROFILE: The five-unit property is currently positioned to generate approximately $13,450 per month, or $161,400 annually, based on projected rents of five single detached residential units at approximately $3,300, $2,950, $2,750, $2,300 and $2,150/month. At the $2,600,000 asking price: Gross Annual Income: $161,400. Gross Cap Rate: approximately 6.20% Estimated Net Cap Rate: approximately 4.5%, depending on actual operating expenses and insurance. The property is zoned R 3000, permitting detached and attached dwelling units at a maximum density of 14 units per acre. Based on the site’s approximate 0.67 acre footprint, the maximum permitted density is nine dwelling units, with the potential for additional units through the State Density Bonus Law or Accessory Dwelling Units (ADUs), subject to municipal review. Developers may also consider full redevelopment; new primary dwelling units would require discretionary approval, and detailed proposals may be submitted to the City of Imperial Beach Planning Department once project parameters are defined. Numerous recently completed projects in the immediate vicinity provide strong proof of concept for redevelopment in this corridor. With Imperial Beach experiencing ongoing revitalization, improved infrastructure, and sustained private investment, the property offers both current cash flow and long term appreciation potential. Its proximity to beaches, dining, retail, and major transportation routes further enhances its desirability. This offering is well suited for investors seeking to expand cash flow, build equity, and capitalize on one of coastal San Diego’s most active and evolving multifamily submarkets.

1240 70 Holly Avenue, Imperial Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.