924 Florida St, Imperial Beach, California 91932, Imperial Beach, - bed, bath

home-pic
ACTIVE$817,777
924 Florida St, Imperial Beach, California 91932
3Beds
2Baths
984Sqft
5,129Lot
Year Built
1950
Close
-
List price
$818K
Original List price
$818K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
250037590SD
Home ConditionExcellent
Features
View-

About this home

Investor’s Dream with R-2 Zoning in Prime Imperial Beach Location! VA Assumable @ 4.125 rate. This beautifully renovated 3-bedroom, 2-bathroom home sits on a spacious lot with alley access, zoned R-2—offering an exceptional opportunity to build an ADU (renderings included) or further develop the property to maximize its full potential. Whether you're an investor or a homeowner seeking growth, this home checks every box! Step inside to discover a modern open layout featuring a gourmet kitchen complete with quartz countertops, stainless steel appliances, sleek cabinetry, a statement waterfall island with premium vinyl flooring and high-end door hardware, recessed lighting, and dual-pane vinyl windows. Both bathrooms have been tastefully updated with contemporary finishes and fixtures. The home also offers central A/C for year-round comfort. Enjoy outdoor living a huge backyard ready for your creation and double-gated alley access—perfect for entertaining, expansion, or adding additional structures. Located just over a mile from the Imperial Beach Pier, and close to military bases, Coronado, beaches, freeways, dining, and shopping. Includes architectural renderings illustrating the addition of a 754 sq ft detached ADU and a 495 sq ft Junior ADU (JADU), for an additional 1,249 sq ft, totaling 2,228 sq ft. A current tenant is in place and flexible to stay or vacate based on preference, making this a turnkey investment or owner-user opportunity. Don't miss your chance to secure a move-in-ready home with long-term upside in one of San Diego’s most exciting coastal communities! This R-2 zoned property offers outstanding investment potential with included architectural renderings illustrating the addition of a 754 sq ft detached ADU and a 495 sq ft Junior ADU (JADU), totaling an additional 1,249 sq ft. With the existing residence, this creates a combined potential living area of approximately 2,228 sq ft across three units. Perfect for multigenerational living or income-generating rental opportunities.

Nearby schools

2/10
Central Elementary School
Public,K-60.3mi
3/10
Mar Vista Academy
Public,7-80.8mi
4/10
Mar Vista Senior High School
Public,9-120.7mi

Price History

Date
Event
Price
08/29/25
Listing
$817,777
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (50 Listings)
Beds33
50%
Baths22
50%
Square foot9841,377
16%
Lot Size5,1296,600
8%
Price$818K$855K
37%
Price per square foot$831$661
88%
Built year19501959
22%
HOA
Days on market68162
10%
Condition Rating
Excellent

Despite being built in 1950, the property has undergone a beautiful and extensive renovation, making it virtually new inside. The kitchen features modern quartz countertops, stainless steel appliances, sleek cabinetry, a waterfall island, and premium vinyl flooring. Both bathrooms are tastefully updated with contemporary finishes and fixtures. The home also boasts recessed lighting, dual-pane vinyl windows, and modern cooling/heating, indicating a comprehensive and recent overhaul that meets current quality standards.
Pros & Cons

Pros

Exceptional Development Potential: R-2 zoning with included architectural renderings for a 754 sq ft detached ADU and a 495 sq ft Junior ADU (JADU), offering significant expansion and income-generating opportunities.
Attractive VA Assumable Loan: A highly desirable 4.125% VA assumable loan provides a substantial financial advantage in the current interest rate environment.
Extensive Modern Renovation: The home features a beautifully renovated interior with a gourmet kitchen (quartz, stainless steel, waterfall island), updated bathrooms, dual-pane windows, and recessed lighting, making it move-in ready.
Prime Coastal & Convenient Location: Situated just over a mile from the Imperial Beach Pier, with easy access to beaches, military bases, Coronado, freeways, dining, and shopping.
Flexible Occupancy Options: The option for the current tenant to stay or vacate offers immediate rental income for investors or a clear path to owner-occupancy.

Cons

Modest Existing Square Footage: The current 984 sq ft is relatively small for a 3-bedroom home, which might be a constraint for buyers seeking a larger primary residence without immediate expansion.
Age of Original Construction: Built in 1950, the property's underlying structure is older, potentially leading to unforeseen maintenance or infrastructure issues despite recent cosmetic renovations.
ADU Development Effort Required: Realizing the full investment potential through ADU construction necessitates significant time, capital, and project management from the buyer.

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