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1193 Florence St, Imperial Beach, CA, 91932

9beds
5baths
8,324sqft
$4,997,000
$600price/sqft
$30,674/moest. monthly cost
$1,226,960/yrincome needed

About This Home

IB Villas is a 12-unit luxury apartment community located in Imperial Beach, fully renovated in 2023–2024. 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.

Getting Around

81
WalkingVery Walkable
45
TransitSome Transit
57
BikeBikeable

Schools

4/10
4/10
Mar Vista AcademyGrades 7-80.6 mi
5/10

Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 5
  • Full bathrooms: 5

Interior Area

  • Total structure area: 8,324
  • Total interior livable area: 8,324 sqft

Property

Details

  • Parcel number: 6330221100

Features

  • Stories: 2

Lot

  • Lot size: 9,583 sqft