1193 Florence St, Imperial Beach, CA 91932 - Photo 1 of 22, Imperial Beach, CA
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$5,000,000$4,997,000Reduced $3,000

1193 Florence St, Imperial Beach, CA 91932

Starker West, Inc.
MLS® 2601125
9Beds
5Baths
8,324Sq Ft
0
117Days Listed

About This Property

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.

Seth R WatjeStarker West, Inc.619-358-3748MLS® 2601125

Property Location

Map

Property Details

Property Type
Com-Res Income
Bedrooms
9
Bathrooms
5
Building Area
8,324 Sqft
Living Area
8,324 sqft
Year Built
0
Stories
2.0
Status
Active
Days on Market
117
Cumulative Days on Market
69
Original Price
$5,000,000
MLS® Number
2601125

Location & Neighborhood

What's nearby 1193 Florence St, Imperial Beach, CA 91932

Nearby Schools

Local Amenities

Dining

POI data updated 2/22/2026

Price History

$4,997,000

May 11, 2026

$2,000

-0.0%

$4,999,000

Feb 25, 2026

$1,000

-0.0%

Original List Price

$5,000,000

Imperial Beach Market Snapshot

153

Active Listings

$955K

Median Price

44

Avg Days on Market

Last updated: Mar 25, 2026

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$4,997,000