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1193 Florence St

Imperial Beach, CA 91932
  • $4,998,000
  • STATUS: Active
  • ON SITE: 103 Days
  • ID#: 250040391
UPDATED: 45 min ago
$4,998,000
  • 8
    BEDS
  • 0.22
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Description

IB Villas is a 12-unit luxury apartment community located in Imperial Beach, fully renovated in 20232024. The property sits on a 9,583 square foot lot and offers a desirable mix of five 1-bedroom/1-bath units and seven 2-bedroom/1-bath units. Each residence has been comprehensively modernized with luxury finishes, new building systems, and functional layouts designed to maximize livability and long-term tenant demand. The interiors feature stainless-steel appliance packages including electric stove/oven with exhaust hood, refrigerator, and garbage disposal, complemented by new cabinetry, quartz counter-tops, designer tile back-splashes, and luxury vinyl plank flooring. Bathrooms include shower/tub combinations with tile surrounds, modern vanities with quartz counter-tops and under-mount sinks, medicine cabinet storage, and updated plumbing fixtures. Each unit is equipped with in-unit washer/dryers, ceiling fans, flush-mount and pendant lighting, and energy-efficient vinyl windows that enhance comfort and efficiency throughout. The property offers 14 asphalt-paved surface parking spaces, a landscaped communal courtyard with trees and shrubs that create a welcoming outdoor environment, and all units are separately metered for gas and electricity, ensuring strong operating efficiency. With functional floor plans, modern finishes, and excellent curb appeal, IB Villas presents a turn-key multifamily investment opportunity in one of San Diego's most promising coastal sub-markets.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS, Inc. Licensed in the state of California.
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1193 Florence St Imperial Beach, CA 91932

  • Price: $4,998,000
  • Status: Active
  • On Site: 103 Days
  • Updated: 45 min ago
  • ID#: 250040391
8
Beds
4
Baths
0
½ Baths
0.22
Acres
1960
Built
Neighborhood:
Imperial Beach
County:
San Diego
Area:
Imperial Beach (91932)
Property Description
IB Villas is a 12-unit luxury apartment community located in Imperial Beach, fully renovated in 20232024. The property sits on a 9,583 square foot lot and offers a desirable mix of five 1-bedroom/1-bath units and seven 2-bedroom/1-bath units. Each residence has been comprehensively modernized with luxury finishes, new building systems, and functional layouts designed to maximize livability and long-term tenant demand. The interiors feature stainless-steel appliance packages including electric stove/oven with exhaust hood, refrigerator, and garbage disposal, complemented by new cabinetry, quartz counter-tops, designer tile back-splashes, and luxury vinyl plank flooring. Bathrooms include shower/tub combinations with tile surrounds, modern vanities with quartz counter-tops and under-mount sinks, medicine cabinet storage, and updated plumbing fixtures. Each unit is equipped with in-unit washer/dryers, ceiling fans, flush-mount and pendant lighting, and energy-efficient vinyl windows that enhance comfort and efficiency throughout. The property offers 14 asphalt-paved surface parking spaces, a landscaped communal courtyard with trees and shrubs that create a welcoming outdoor environment, and all units are separately metered for gas and electricity, ensuring strong operating efficiency. With functional floor plans, modern finishes, and excellent curb appeal, IB Villas presents a turn-key multifamily investment opportunity in one of San Diego's most promising coastal sub-markets.
Exterior Features

Construction Materials Stucco Fencing N/K Roof Composition

Interior Features

Bathrooms Total 4 Cooling N/K Levels 2 Story

Property Features

Age Restrictions N/K Building Area Total 3200 CFDMello Roos Fee 0 Gross Scheduled Income 381540 List AOR San Diego Association of REALTOR Listing Terms CashConventionalFHAVA Lot Size 7500-10889 SF MLSArea Major South Bay Monthly Total Fees 0 Number Of Unitsw Cooling 0 Operating Expense 112281 Other Fees 0 Property Sub Type Res Income 2-4 Units Sale Rent For Sale Security Features Gated Community Short Sale False Special Listing Conditions N/K Subdivision Name IMPERIAL BEACH Tenant Pays ElectricityGas/PropaneTrashWater

San Diego MLS logo Listing provided courtesy of Adam Cairo of Starker West, Inc.: 619-300-0173. Listing information © 2026 San Diego MLS Inc. Source:


San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS, Inc. Licensed in the state of California.
 
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