Properties

Imperial Beach, CA 91932 1193 Florence St

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Presented By: Adam Cairo with Starker West, Inc.;
  • MLS# 2601134SD
  • 01/14/2026
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  • Baths • 1

Home Details

IB Villas is a 12-unit luxury apartment community located in Imperial Beach, fully renovated in 2023โ€“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 Diegoโ€™s most promising coastal sub-markets.
Presented By: Adam Cairo with Starker West, Inc.;

Interior Features for 1193 Florence St

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Heating Y/NYes
Total Stories2

General for 1193 Florence St

Cap Rate5.2
CityImperial Beach
Community FeaturesGated
CoolingNone
CountySan Diego
DirectionsUse GPS CrossStreet: Fern Ave
HOA Fee$
LevelsTwo
Listing TermsCash, Conventional, FHA, VA Loan
Lot Size Square Feet9510
Lot Size UnitsSquare Feet
MLS Area91932 - Imperial Beach
Net Operating Income257813
Number Of Units Total12
PostalCityIMPERIAL BEACH
Property TypeResidential Income
RoofComposition
Security FeaturesGated Community
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameImperial Beach
Tenant PaysElectricity, Gas, Trash Collection, Water
Virtual TourClick here
Year Built1960

Exterior for 1193 Florence St

FencingNone
Lot Size Acres0.2183
Lot Size Area9510
Lot Size SourceAssessor
Number of Buildings1
Park NameImperial Beach
SpaNo
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $4,997,000
MLS#2601134SD
List Date 01/14/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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