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Sold for $1,200,000
  • Listing Provided by: Spirit Realty, Inc.
    Bought with: Better Homes and Gardens Real Estate Napolitano & Associates
    $1,200,000

    432-34 8th St, Imperial Beach, CA 91932

    --beds
    --baths
    2,134sqft
    Duplex
    Built in 1955
    -- sqft lot
    $1,204,000 Zestimate®
    $562/sqft
    $2,801 Estimated rent

    Home value

    $1,204,000

    $1.11M - $1.31M

    $2,801/mo

    Zestimate® history
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    $7,592/mo

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    What's special

    Rare opportunity to own two detached homes on one huge lot with 8,260 sq.ft. Just steps from the Bay, this is a true Imperial Beach unicorn with views, land, and future density baked in. Both houses have newer roofs. The front 3/1 house offers unobstructed bay views with an exceptional footprint rarely found this close to the water. It features a driveway with a two-car carport, an expansive front yard, plus side and back yards, ideal for expansion or re-imagining. Inside, there’s a large kitchen, a dedicated laundry room with full-size, side-by-side washer/dryer, and a 253 sq. ft. bonus room (likely a former garage decades ago.) The home needs a full interior update, making it a prime value-add opportunity in one of IB’s most desirable pockets. The back house, built in 1971, is a 2-bedroom, 1-bath home with a two-car garage in the front, plus an additional one-car garage off the alley, an increasingly rare asset this close to the Bay. It has been well maintained, includes a private back patio perfect for entertaining, and is currently tenant-occupied, offering immediate income. The real magic? The future. This property is perfectly positioned for a coastal redevelopment play. Remodel both homes or start fresh with two modern, two-story coastal residences with rooftop decks. From a second story and roofline, expect sweeping, unobstructed views of the Bay, downtown San Diego skyline, Coronado Bridge, the Strand, and Point Loma. With Imperial Beach’s favorable zoning, this lot may support ADUs for each residence, creating the potential for up to four doors, an exceptional opportunity for investors, developers, or owner-users looking to live in one and monetize the rest. Please check out the renderings of what could be on this lot! Bay proximity. Views. Multiple garages. Expansion potential. Properties like this simply do not come along often, and when they do, they don’t last.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Deborah Vance DRE #01817973 619-884-8783,

    Spirit Realty, Inc.

    Bought with:

    Dino Morabito, DRE #01415017

    Better Homes and Gardens Real Estate Napolitano & Associates

    Source: CRMLS,MLS#: PTP2600473MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Appliances
    • Laundry: Inside, Laundry Closet
    Features
    • Has fireplace: No
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,134
    • Total interior livable area: 2,134 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage, Carport
    • Garage spaces: 3
    • Carport spaces: 2
    • Covered spaces: 5
    • Uncovered spaces: 2
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 8,260 sqft
    • Features: Back Yard, Corner Lot
    Details
    • Parcel number: 6260323900
    • Zoning: Multi-Unit
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Roof: Composition
    Condition
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Imperial Beach

    HOA & financial

    Other financial information
    • Total actual rent: 1000

    Other

    Other facts
    • Listing terms: Cash,Conventional,VA Loan

    Price history

    DateEventPrice
    2/26/2026Sold$1,200,000$562/sqft
    Source: CRMLS #PTP2600473 Report a problem
    1/29/2026Pending sale$1,200,000$562/sqft
    Source: CRMLS #PTP2600473 Report a problem
    1/17/2026Listed for sale$1,200,000$562/sqft
    Source: CRMLS #PTP2600473 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,337 +8.5%$93,277 +2%
    2024$2,153 +0%$91,449 +2%
    2023$2,152 +1.3%$89,656 +2%
    2022$2,124 +3.7%$87,899 +2%
    2021$2,047 +9.6%$86,176 +1%
    2020$1,868 +109.7%$85,294 +2%
    2019$891 -52.6%$83,622 +2%
    2018$1,880 +0.8%$81,983 +2%
    2017$1,864 +3.3%$80,377 +2%
    2016$1,804 +12.6%$78,802 +1.5%
    2015$1,602 +0.1%$77,619 +2%
    2014$1,600 $76,099 +0.5%
    2013-- $75,756 +2%
    2012-- $74,272 +2%
    2011-- $72,816 +0.8%
    2010-- $72,272 -0.2%
    2009-- $72,445 +2%
    2008-- $71,025 +2%
    2007-- $69,633 +2%
    2006-- $68,268 +2%
    2005-- $66,930 +2%
    2004-- $65,619 +1.9%
    2003-- $64,418 +2%
    2002-- $63,156 +2%
    2001-- $61,919

    Find assessor info on the county website

    Neighborhood: 91932

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,204,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,204,000