This shovel-ready new development includes Land: approved plans and permits sold separately completed demolition, utility permits, and an installed temporary power pole, allowing construction to begin quickly. The high-end design features solar power, all-electric systems, ample parking, a highly visible location, and a commercial space equipped with a grease trap for flexible use. Located one block from the ocean in the heart of town, the units offer desirable views and strong coastal appeal. This high-end contemporary development offers ocean, bay, and mountain views just one block from the beach. The project spans three stories and includes 15 total units: 1 commercial space and 14 residential units (5 two-bedroom and 9 one-bedroom apartments). The property includes 18 dedicated off-site parking spaces. The approximately 13,000-square-foot lot is zoned for vacation rentals and designed with contemporary architecture focused on luxury living. Shovel-ready, city-approved project one block from the beach Seller will consider a partnership. City Council has approved plans for a three-story mixed-use development with residential and commercial units on a large corner lot near the beach and the new Navy SEAL Team base. The offering includes land, approved plans, permits, completed demolition, utility permits, and a temporary power pole already installed, allowing construction to move forward quickly. Features • High-end contemporary design with ocean, bay, and mountain views one block from the beach. • Three-story mixed-use project with 15 total units: 14 residential units and one commercial space. • Residential mix includes nine one-bedroom apartments and five two-bedroom apartments. • Commercial space includes a grease trap, supporting flexible food-service or retail use. • 18 dedicated off-site parking spaces. • Approximately 13,000-square-foot lot zoned for vacation rentals. • Solar power, all-electric systems, and low-maintenance landscaping. • Central courtyard designed for outdoor living and community gathering. • Recognized by the City of Imperial Beach and the Coastal Commission as a model of modern development. Location & Community Located on a prominent corner in a sought-after vacation rental zone, the property sits in a walkable beach community surrounded by three bodies of water. Its coastal setting, military demand, and proximity to international visitors support both short-term and long-term housing demand. The site is one block from the beach with convenient access to downtown San Diego, the airport, Mexico, major military bases, and regional tourist attractions. Nearby amenities include the pier, dining, fishing, estuaries, birdwatching, biking trails, surfing, paddleboarding, jet skiing, boating, and frequent public transportation service. Investment Highlights This shovel-ready mixed-use development offers a streamlined path to construction with approved plans, permits, completed demolition, utility permits, and temporary power already in place. The project combines coastal visibility, vacation-rental zoning, contemporary design, and flexible commercial use in a high-demand Imperial Beach location.
For sale
Price cut: $1M (9/18)
$2,990,000
236 Palm Ave, Imperial Beach, CA 91932
--beds
0baths
12,000sqft
Multi Family
Built in ----
-- sqft lot
$2,867,700 Zestimate®
$249/sqft
$-- HOA
What's special
High-end contemporary designLow-maintenance landscaping
- 92 days
- 99
- 3
Zillow last checked:
Listing updated:
Listed by:
Soraya Pizzey DRE #01210272 619-616-6455,
Colwell Realty IB Inc
Source: SDMLS,MLS#: 260016464
Originating MLS: SDMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central Forced Air Elec
Cooling
- Central Forced Air Elec
Features
- Flooring: Other/Remarks
Interior area
- Total structure area: 12,000
- Total interior livable area: 12,000 sqft
Property
Parking
- Parking features: EV Charging Station(s), Spaces
Features
- Levels: 3 Story
- Stories: 3
Details
- Parcel number: 6250230700
- Special conditions: Other/Remarks
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- All Auto Sprinklers, Cable Available, Fully Landscaped, Remarks, Solar Owned
- Roof: Other/Remarks
Community & HOA
Location
- Region: Imperial Beach
Financial & listing details
- Price per square foot: $249/sqft
- Date on market: 7/7/2026
- Listing terms: AITD,Assumable 1st,Cash,Cash to Existing Loan,Land Contract,Other/Remarks,Owner May Carry 1st,Submit,Use Existing Lender
Estimated market value
$2,867,700
$2.72M - $3.01M
$2,713/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Price change | $2,990,000-25.1%$249/sqft |
Source: | ||
| 8/19/2026 | Price change | $3,990,000-0.2%$333/sqft |
Source: | ||
| 7/7/2026 | Listed for sale | $3,999,000+60%$333/sqft |
Source: | ||
| 5/3/2022 | Sold | $2,500,000$208/sqft |
Source: | ||
| 12/17/2021 | Sold | $2,500,000$208/sqft |
Source: Agent Provided Report a problem | ||
| 4/8/2014 | Listing removed | $800 |
Source: Hutchins Realty Report a problem | ||
| 12/19/2013 | Listed for rent | $800 |
Source: Hutchins Realty Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment



