432 34 8th St, Imperial Beach, CA 91932

Property Description

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.