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207 Elkwood Ave Unit 1, Imperial Beach, CA, 91932

3beds
2baths
1,160sqft
$729,000
$628price/sqft
$4,963/moest. monthly cost
$198,520/yrincome needed

About This Home

This isn't just a beach condo. It's a turnkey short-term rental with a verified track record. Generating consistent Airbnb revenue for four consecutive years, 207 Elkwood is the rare coastal investment that delivers lifestyle and returns. Situated just one block from the Pacific Ocean in the heart of Imperial Beach, this single-level 3-bedroom corner condo its in one of San Diego County's most in-demand vacation rental markets, where beachside demand stays strong year-round. Why guests book it again and again: The light-filled open layout, wood plank tile flooring, recessed lighting, and coastal aesthetic photograph beautifully and check every box on a traveler's wishlist. The upgraded kitchen with stainless steel appliances flows into the living and dining areas perfect for families and groups. Three spacious bedrooms and two updated full bathrooms comfortably accommodate the larger parties that drive higher nightly rates. The covered patio overlooks a nearby park with ocean breezes and sunset views. A private gate provides direct beach access the kind of amenity that earns five-star reviews and repeat bookings. New AC keeps guests comfortable year-round, and two assigned parking spaces (including one covered gated spot) eliminate a common pain point for coastal renters. The location sells itself: Bordered by the Pacific Ocean and the Tijuana Estuary Reserve, one of Southern California's largest coastal wetlands guests come for the beach and stay for the experience. Walking trails, birding, biking, the iconic IB Pier, local breweries, seafood restaurants, farmers markets, and year-round community events keep occupancy high and reviews glowing. Whether you're adding to your short-term rental portfolio or making your first investment, this condo comes with the hardest thing to find: proof it works.

Getting Around

72
WalkingVery Walkable
42
TransitSome Transit
69
BikeBikeable

Schools

3/10
5/10
4/10
Mar Vista AcademyGrades 7-81.9 mi

Construction

Condition

  • Year built: 1991

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Cooling

  • Cooling features: Central Air

Features

  • Walk-In Closet(s)
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: End Unit,No One Below

Interior Area

  • Total interior livable area: 1,160 sqft

Other

  • Features: Walk-In Closet(s)

Property

Details

  • Parcel number: 6254020101
  • Attached to another structure: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Ground Level
  • Pool features: None
  • Has view: Yes
  • View description: Park/Greenbelt

Lot

  • Lot size: 0.32 sqft

Parking

  • Total spaces: 2
  • Parking features: Covered,Off Site,Community Structure
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in San Diego County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,686$44,232
Home Insurance *$121$1,452
Property Taxes $758$9,096
Electricity $398$4,786
Total$4,963$59,556
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$170,160/yr
40% on housing$148,890/yr
45% on housing$132,346/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$628This listing

vs Other Active Listings

Avg $/sqft

ZIP 91932$529
San Diego County$558

vs Homes Sold Last Month

Median $/sqft

ZIP 91932$643
San Diego County$576

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-27Price change$729,000
2025-10-19Listing removed$4,900
2025-08-30Listed for rent$4,900
2025-08-13Price change$770,000
2025-05-19Price change$780,000
2025-03-04Price change$799,000
2025-01-16Listed for sale$825,000
2024-11-10Listing removed$850,000
2024-08-13Listed for sale$850,000
2024-08-13Listing removed--
2024-08-02Price change$850,000
2024-05-30Price change$885,000
2024-05-10Listed for sale$900,000
2023-12-30Listing removed--
2023-12-09Listed for rent$3,800
2021-04-30Sold$639,000
2019-05-13Sold$559,000
2019-04-17Pending sale$559,000
2019-04-12Listed for sale$559,000
2014-08-25Sold$315,000
2014-07-18Listed for sale$319,000
2013-07-30Listing removed$1,600
2013-05-23Listed for rent$1,600
2001-07-13Sold$209,000

For Sale by Agent

AgentHazel Rosete
BrokerageColdwell Banker West

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