18
Map
$399,000
●
Condo -
For Sale
124 Elder #D
Imperial Beach, CA 91932
Studio
1 Bath
429 Ft²
$2,351
Est. Monthly
$391
HOA / Fees
About This Property
Coastal living at its best! This bright and inviting studio is just
steps from the Imperial Beach Pier, sandy beaches, shops,
restaurants, and parks. Enjoy ocean breezes and natural light
throughout the day. Features include granite countertops,
travertine tile flooring, built-in washer and dryer, and a Murphy
bed with a retractable privacy wall for flexible living. The
Brigantine is right around the corner for dining and happy hour.
Whether you're looking for a beach getaway, investment property, or
affordable coastal home, this charming studio offers the perfect
blend of comfort, convenience, and location. MUST SEE!!
Unit Size
429 Ft²
Days on Market
28 days
Land Size
-
Price per sqft
$930
Property Type
Condo
Property Taxes
-
HOA Dues
$391
Year Built
1979
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 26 days ago (SDMLS #260023162SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2026 | Listed by Tontz Realty & Managment | $399,000 | |
| Listed by Tontz Realty & Managment | |||
Property Highlights
Parking Available
Parking Details
Has Garage
Parking Features: Community Structure
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Appliances: Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, BuiltIn
Laundry Features: Electric Dryer Hookup, In Kitchen
Exterior Details
Square Footage: 429
Square Footage Source: $0
Year Built: 1988
Levels: One
Construction Materials: Stucco
Pool Features: None
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: None, See Remarks
Location Details
HOA/Condo/Coop Amenities: Maintenance Grounds
HOA Fee: $391
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/12/2018
|
1 Bed
|
1 Bath
|
632 ft²
|
$435,000
1 Bed
1 Bath
632 ft²
|
-
-
|
-
| |
|
12/30/2011
|
1 Bed
|
1 Bath
|
624 ft²
|
$174,900
1 Bed
1 Bath
624 ft²
|
$171,900
-1.72%
02/10/2012
|
Sandra Medina-Soehn
BHGRE McMillin Realty
|
Building Info
124 Elder Avenue
124 Elder Avenue, Imperial Beach, CA 91932
- 1 Unit for Sale
About Southern San Diego
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Listed by: Joseph Tontz, Tontz Realty & Managment
Last Updated: 26 days ago
Data Source: CRMLS, MLS# 260023162SD
Last Updated: 26 days ago
Data Source: CRMLS, MLS# 260023162SD
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