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124 Elder Avenue, H, Imperial Beach, CA 91932

$459K1bd · 1ba · 535 sqft
HOA $426/mo•Condominium•
Active
•98d on market•MLS# 8P-2605659

Property Description

Enjoy coastal living just a block from the Imperial Beach Pier in this updated, move-in ready one bedroom, one bath condo. Step out onto your private balcony for partial ocean views, or unwind at home with the convenience of your own in-unit washer and dryer. Fresh flooring and paint completed within the last few years means there's nothing to do but move in. One assigned parking spot is included. Located within a charming, small gated community, this condo offers the convenience of a one-car garage plus access to additional resident-only permitted outdoor parking, with approximately five exclusive guest/resident spaces available on a first-come, first-served basis. Extremely central to everything Imperial Beach has to offer, this location puts you within easy walking distance of the sand, local restaurants, and shops. HOA covers water, trash, sewer, and common area maintenance, making this a low-maintenance option for full-time living or a beach getaway.

Features & Amenities

FeeBuilt 1988

Property Details

Land Type
Fee
Year Built
1988
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Cooling
None
View
Ocean, Park/Greenbelt, Peek-A-Boo, Water
City
Imperial Beach
Zip Code
91932
County
San Diego
Listed byReal Broker, Esteban Valenzuela

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,320.95
Principal & Interest
Loan Amount
$367,200
Total Interest
$468,343
Total Payment Over 30 Years
$835,543
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 4 closed

124 Elder Avenue, H, Imperial Beach, CA 91932

Imperial Beach · Condominium

$459K
Affordable Tier
Beds
1
Baths
1
Sqft
535
Lot
0 sqft
Year
1988
$/Sqft
$858
Pool: No✓
Spa: No✓
View: water✓
Garage: 1-car✓

Listed in line with the median closed sale of $472,500. Price per sqft ($858) is a 74% premium to closed comps ($494). Closed comps sold at 100% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $459K· $858/sqft
Total list price
Closed comps
vs closed median $485K
−$26K (−5.4%)
Active comps
vs active median $449K
+$10K (+2.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $543
+$315 (+58.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1220 Seacoast DriveImperial Beach1972219090$561$510,0001269
239 Ebony AvenueImperial Beach1972219200$554$510,0004769
1085 12th StImperial Beach2004218250$485$400,0006265
1340 Holly AvenueImperial Beach19792180023,958$550$439,99911864
1328 IRIS AvenueImperial Beach1975217980$563$449,0008963
Total: 5 · Average2.01.0850.423,958$542.6$461,799.865.6
Median825$449,000

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
631 7th StreetImperial Beach199112/05/2025218510$485,000$495,000$5821.0214865
1202 Donax AvenueImperial Beach199509/10/2026229920$460,000$460,000$4641.009356
1925 Avenida del MexicoSan Diego198710/20/2026228850$440,000$440,000$4971.003955
1241 Hollister StreetSan Diego198012/26/2025221,1161$485,000$485,000$4351.003936
Total: 4 · Average2.01.89611$470,000$470,000$494.5—79.75
Median992$485,000$485,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.