940 Calla Ave 15, Imperial Beach, California 91932, Imperial Beach, 91932 - 4 bed, 2 bath

940 Calla Ave 15, Imperial Beach, California 91932 home-pic-0
ACTIVE$650,000
940 Calla Ave 15, Imperial Beach, California 91932
4Beds
2Baths
1,504Sqft
19,501Lot
Year Built
1990
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$432
HOA
$650
Days on market
-
Sold On
-
MLS number
PTP2508878
Home ConditionGood
Features
Excellent View: Bay, Back Bay, City Lights
ViewBay,Back Bay,City Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $650.0K(55th), sqft - 1504(80th), beds - 4(90th), baths - 2(50th).

Live the Penthouse Dream: Unobstructed Bay Views, enchanting sunsets over downtown San Diego. Step into a top-level sanctuary where every day begins and ends in sunlight. This expansive 1,504 sq.ft. penthouse-style condo delivers the rare combination of 4 true bedrooms, an open great room, and spectacular bay views from three of the four bedrooms. It’s called a million-dollar view for a reason! Inside, the home feels bright, inviting, and generously scaled. The 31’ x 14’ great room seamlessly blends living and dining, creating an effortless flow for entertaining or relaxed coastal living. The kitchen features two-tiered granite counters for casual bar seating, custom cabinetry, and newer stainless-steel refrigerator and dishwasher. Throughout the home you’ll find new dual-pane windows, newer custom blinds, wood-look laminate flooring, and fresh flooring in the bedrooms and hallway. Major improvements include a newer roof (approx. 5 years) and a new forced-air furnace for central heat. From the front balcony, enjoy a tranquil view of the community pool. (Washer/dryer hookups are located in the kitchen pantry.) Perfectly positioned for a true Imperial Beach lifestyle, this home is just moments from the Breakwater Town Center, incredible dining options, shopping at the Imperial Beach Promenade, and best of all, the world-famous 24-Mile Bayshore Bikeway. Picture miles of serene, car-free walking and biking with the Bay on one side and the Pacific Ocean on the other. People travel the world to experience this… yet for you, it’s just outside your door. And here’s the kicker: it’s a steal. A 4-bedroom penthouse with these views, this square footage, and this walkability should easily be pushing $800K in today’s market. Instead, you’re getting all of it for only $650,000. Opportunities like this rarely show up - especially in coastal San Diego. This is penthouse living, a million-dollar view, and a wildly underpriced piece of Imperial Beach… all wrapped into one.

Nearby schools

2/10
Bayside Elementary School
Public,K-60.1mi
3/10
Mar Vista Academy
Public,7-81.2mi
4/10
Mar Vista Senior High School
Public,9-120.6mi

Price History

Date
Event
Price
12/01/25
Listing
$650,000
09/22/17
Sold
$385,000
09/09/14
Sold
$280,000
06/27/03
Sold
$275,000
Condition Rating
Good

This property, built in 1990, has undergone significant recent updates that elevate its condition beyond 'Fair'. Key improvements include a newer roof (approx. 5 years), a new forced-air furnace, new dual-pane windows, and fresh wood-look laminate flooring throughout. These major system and surface updates align with the 'Good' criteria of systems being well-maintained and within their expected lifespan, and some components being updated without a full recent renovation. The kitchen features granite countertops and custom cabinetry, and while some appliances (range, microwave, refrigerator) appear older and the lighting is dated, a newer stainless-steel dishwasher is present. The kitchen is functional and clean, but its style is not fully modern. The absence of air conditioning is a notable comfort drawback, especially for a top-floor unit. Despite the kitchen's dated elements and lack of AC, the extensive recent updates to critical infrastructure make the property move-in ready with no immediate major renovations required.
Pros & Cons

Pros

Panoramic Bay & City Views: The property offers unobstructed bay views and enchanting sunsets over downtown San Diego from three of the four bedrooms, providing a 'million-dollar view' experience.
Spacious Penthouse Layout: This expansive 1,504 sq.ft. top-level condo features a rare combination of 4 true bedrooms and an open great room, offering generous living space.
Recent Key Updates: Significant improvements include new dual-pane windows, newer custom blinds, updated flooring throughout, a newer roof (approx. 5 years), and a new forced-air furnace for central heat.
Exceptional Coastal Location: Perfectly positioned in Imperial Beach, moments from the Breakwater Town Center, dining, shopping, and direct access to the world-famous 24-Mile Bayshore Bikeway.
Strong Value Proposition: The property is explicitly marketed as 'wildly underpriced' at $650,000 for a 4-bedroom penthouse with these views and amenities in coastal San Diego.

Cons

Lack of Air Conditioning: While central heat is present, there is no mention of a cooling system, which could be a significant comfort drawback during warmer months in a top-floor unit.
High Monthly Association Fee: The monthly association fee of $650 is substantial and adds significantly to the overall cost of ownership, potentially impacting affordability.
Unconventional Laundry Location: Washer/dryer hookups are located in the kitchen pantry, which is an unusual placement that may compromise kitchen space or convenience.

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