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Back$2,990,0000 bd0 ba0 sqft

$2,990,000For sale

236 Palm

Imperial Beach, CA 91932 · MLS# 260016464SD

Listing courtesy of Colwell Realty IB Inc
  • 0Beds
  • 0Baths
  • 0Sq Ft

About This Home

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.

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Property at a Glance: 236 Palm

This mixed use property at 236 Palm, Imperial Beach, CA 91932 is for sale at $2,990,000. The home has 0 bedrooms, 0 bathrooms and 0 square feet of living space. Reach out to set up a showing or ask for more details about this home.

Snapshot

Status
For sale
Price
$2,990,000
Bedrooms
0
Bathrooms
0
Property Type
Mixed Use
Square Feet
0
Days on Market
73
MLS #
260016464SD
County
San Diego

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Property Details

Building
Property Type: Mixed Use
Money
County: San Diego
HOA: Not provided
HOA Fee: $0 (frequency not provided)
Rooms
Heating: Forced Air
Structures
Construction: Block, Drywall, Plaster, Stone, Stucco

Living in Imperial Beach, CA

236 Palm is in Imperial Beach, CA, in San Diego County. Ask Brad & Karen Mattonen about other homes for sale in Imperial Beach and what nearby homes have sold for.

Location

236 Palm, Imperial Beach, CA 91932 Open in Google Maps

Mortgage Calculator

Estimated Monthly Payment$15,119
$2,392,000Loan Amount
$598,000Down Payment
$3,050,864Total Interest

Principal and interest only. Taxes, insurance and HOA dues are extra.

Brad & Karen Mattonen Can Answer Your Questions About This Home

Why Work With Brad & Karen Mattonen?

Buying a home in Imperial Beach, CA goes better with a local agent on your side. Brad & Karen Mattonen can set up private showings, pull the latest numbers for the area, and guide you through the offer and the closing. Call 858-518-2875 to get started. Whether 236 Palm is the one or you would like to see other homes nearby, reach out any time.

Local facts

Facts and context beyond the MLS description

What the numbers say about 236 Palm and the Imperial Beach area around it.

Current market context

How this home compares in Imperial Beach

  • $715Median per sq ft
  • 29Homes for sale like it
  • 2Average days on market

Nearby sold homes

Recent sold homes near this property

Homes that sold within 1.25 miles of 236 Palm in the last 6 months, at a median price of $820,000.

AddressSoldHomeSold priceDistance
270 Dahlia Avenue 7Jul 27, 20263 bd · 2 ba · 1,280 sqft$610,0000.1 mi
205 Calla AveJun 15, 20264 bd · 2 ba · 1,623 sqft$1,199,0000.1 mi
263 Dahlia Ave Unit 2Aug 24, 20262 bd · 1 ba · 800 sqft$479,0000.1 mi
275 DAHLIAJun 3, 20262 bd · 1 ba · 768 sqft$750,0000.1 mi
685 Seacoast DriveApr 22, 20262 bd · 2 ba · 1,120 sqft$680,0000.2 mi
356 CitrusOct 13, 20266 bd · 3 ba · 1,896 sqft$890,0000.2 mi
559 Silver Strand BlvdJul 9, 20263 bd · 3 ba · 870 sqft$985,0000.2 mi
244 DATE AVEMay 22, 2026$1,535,0000.2 mi

Every home is different. Ask for a full price review before you make an offer.

Listing timeline

Price and status history

DateEventPrice
Sep 19, 2026Active$2,990,000

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