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1085 12th St, F, Imperial Beach, CA 91932

$400K2bd · 1ba · 825 sqft
HOA $382/mo•Condominium•
Active
•41d on market•MLS# 8P-2606629

Property Description

Big Price Reduction. Sun-filled living at Imperial Palms Condos! This beautifully maintained 2-bedroom unit still feels brand new, built in 2004 and move-in ready. Step out onto the oversized balcony spanning the entire width of the home and take in ocean breezes with views clear to Mexico. Location doesn't get much better: about 12 blocks to the beach and walking distance to great restaurants and shopping. Inside, you'll find matching stainless steel appliances, granite counters throughout the kitchen and bathroom, ceramic tile in the kitchen and bedrooms, and luxury vinyl flooring in the living room and hallway. Crown molding adds a polished touch to this bright, spacious condo, one of only ten residences in the building. Dual glazed vinyl windows and sliding-glass doors keep things quiet and efficient. Parking includes one assigned spot in the underground garage, plus free additional spaces with alley access, first come, first served. Gated and quaint, this community offers the peace of mind you're looking for.

Features & Amenities

FeeBuilt 2004

Property Details

Land Type
Fee
Year Built
2004
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Cooling
None
View
Hills
Flooring
Vinyl, Tile
City
Imperial Beach
Zip Code
91932
County
San Diego
Listed bySpirit Realty, Inc., Deborah Vance

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,022.62
Principal & Interest
Loan Amount
$320,000
Total Interest
$408,142
Total Payment Over 30 Years
$728,142
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 · 3 closed

1085 12th St, F, Imperial Beach, CA 91932

Imperial Beach · Condominium

$400K
Affordable Tier
Beds
2
Baths
1
Sqft
825
Lot
0 sqft
Year
2004
$/Sqft
$485
Pool: No✓
Spa: No✓
View: Hills✓
Garage: 1-car✓

Listed 27.1% below the median closed sale of $549,000. Price per sqft ($485) is a 25% discount to closed comps ($643).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $400K· $485/sqft
Total list price
Closed comps
vs closed median $549K
−$149K (−27.1%)
Active comps
vs active median $449K
−$49K (−10.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $529
−$44 (−8.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1340 Holly AvenueImperial Beach19792180023,958$550$439,9999785
1472 Iris AvenueImperial Beach1972218000$569$454,9994684
1328 IRIS AvenueImperial Beach1975217980$563$449,0006884
239 Ebony AvenueImperial Beach1972219200$554$510,0002782
940 Calla AvenueImperial Beach1990229600$411$395,0009081
Total: 5 · Average2.01.2855.623,958$529.4$449,799.665.6
Median800$449,000

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1202 Donax AvenueImperial Beach199509/10/2026229920$460,000$460,000$4641.009382
1460 SeacoastImperial Beach197306/22/2026228230$799,000$750,000$9110.946580
1461 HemlockImperial Beach199005/15/20262299313,939$549,000$549,000$5531.005678
Total: 3 · Average2.02.093613,939$586,333.333$586,333.333$642.667—71.33333333333333
Median992$549,000$549,000

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.