NOT LISTED FOR SALE

120 Elder Ave Imperial Beach, CA 91932

Estimated Value: $652,866 - $720,000

1 Bed
1 Bath
975 Sq Ft
$362/mo HOA Fee

Last Sold May 03, 2024

Last sale price $700,000 $718 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,427/month

142 Days on Market

Highlights

  • Views
  • No Heating
  • 3-minute walk to Reama Park
  • Laundry Room

About This Home

As of May 2024

Charming 1st floor 1 bedroom, 1 bath commercial zoned condo conveniently located just steps to the beach and permitted for short-term rental. The location provides easy access to local attractions such as the Imperial Beach pier, estuary, breweries, restaurants, coffee shops and much more. The property has a 3rd story common area sundeck with a peek-a-boo ocean view. The condo was partially remodeled in 2022 with new ceilings, recessed lighting, ceiling fans, faux wood blinds, walk-in closet, quartz countertops, new stove, sinks, storage cabinets and luxury vinyl plank flooring. Condo also has dual paned windows, stacked washer/dryer, dishwasher, fridge and kitchen pantry. A large storage room with easy access from inside or outside of unit is an additional plus. Don’t miss this opportunity to own a slice of coastal paradise.

Last Agent to Sell the Property

Kyle Collins

Marquee Properties, Inc. Brokerage Email: kyle@marqueepropsd.com License #01381925 Listed on: 11/20/2023

Co-Listed By

OUT OF AREA

OUT OF AREA Brokerage Email: kyle@marqueepropsd.com License #0

Last Buyer's Agent

Cristina Bradley

Ashby & Graff License #01892622

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,134

Year Built

  • Built in 1988

Lot Details

  • 10,280

HOA Fees

  • $362 Monthly HOA Fees

Interior Spaces

  • 975 Sq Ft Home
  • 1-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Schools

  • Mar Vista High School

Additional Features

  • 1 Common Wall
  • Urban Location
  • No Heating

Community Details

  • 12 Units
  • Breezes Association, Phone Number (858) 227-4220
  • Sdhoa HOA
  • Breezes

Listing and Financial Details

  • Tax Tract Number 1548
  • Assessor Parcel Number 6253522603

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,134

Year Built

Built in 1988

Lot Details

0

HOA Fees

$362 per month

Listing Details

  • Assessments: No
  • Park Name: Breezes
  • Property Attached: Yes
  • View: Yes
  • Zoning: Commercial Condominium
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6253522603
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 975.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 717.95

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Parking: No
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 362.00
  • Association Fee Frequency: Monthly
  • Association Name: Breezes
  • Phone: 8582274220
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: SDHOA

Schools

  • School District: Sweetwater Union
  • High School: Mar Vista
  • High School: Mar Vista
  • High School2: MRVH

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10279.00
  • Lot Size Acres: 0.2360

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10279.0000 Square Feet
  • Number Of Units In Community: 12

Tax Info

  • Tax Tract Number: 01548

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Apr 10, 2024
Sold by
Smith Patricia L
Bought by
Johnson Chris J and Johnson Zena Margo
Seller's Agent
Kyle Collins
Marquee Properties, Inc.
Buyer's Agent
Cristina Bradley
Ashby & Graff
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%
Views
182
Current Estimated Value
$694,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,283
Avg. Annual Appreciation
-1.58%
Original Mortgage
$75,000
Outstanding Balance
$74,015
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$611,952

Purchase Details

Closed on
Dec 27, 2007
Sold by
Cesn Elder 12 Llc
Bought by
Smith Patricia L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Johnson Chris J $700,000 First American Title
Smith Patricia L $200,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Chris J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $700,000 +0.1% $718 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/20/2024 03/20/24 Price Changed $699,000 0.0% $717 / Sq Ft
03/20/2024 03/20/24 For Sale $699,000 -0.1% $717 / Sq Ft
02/21/2024 02/21/24 Off Market $700,000 -- --
12/12/2023 12/12/23 Price Changed $749,000 -5.8% $768 / Sq Ft
11/20/2023 11/20/23 For Sale $795,000 -- $815 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,134 $714,000 $561,000 $153,000
2024 $3,134 $252,488 $110,740 $141,748
2023 $3,153 $247,538 $108,569 $138,969
2022 $3,042 $242,686 $106,441 $136,245
2021 $2,981 $237,928 $104,354 $133,574
2020 $2,902 $235,489 $103,284 $132,205
2019 $2,900 $230,872 $101,259 $129,613
2018 $2,866 $226,346 $99,274 $127,072
2017 $2,790 $221,909 $97,328 $124,581
2016 $2,680 $217,559 $95,420 $122,139
2015 $2,668 $214,292 $93,987 $120,305
2014 $2,605 $210,095 $92,146 $117,949
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2305747

California Regional Multiple Listing Service (CRMLS)

APN: 625-352-26-03