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  • 1193 Florence St

1193 Florence St, Imperial Beach, CA 91932

$4,995,000 Approx. USD 8 beds, 4 baths

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Photo of Susan Einemo

Susan Einemo REALTOR® - Sales Associate 858-717-3763 m
858-717-3763 o
Lic#: 01464003
NRDS ID: 196528752
susaneee@hotmail.com Text Me
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Lic#: 01464003
NRDS ID: 196528752
susaneee@hotmail.com San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
Phone: 619-294-3113
Fax: 619-521-0100
 San Diego Central 2355 Northside Drive, Suite 180
San Diego, CA 92108
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Fax: 619-521-0100
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Listing Agent


Adam Cairo
Lic#: 01948040
Broker: Courtesy of Starker West, Inc.
Phone: 619-300-0173

Agent Remarks

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.

Listing Details

Property type: Res Income 2-4 Units (Multi-Family)
Status: ACTIVE
MLS# 2601134
List price is $4,995,000 Reduced by $2,000 on 5/4/2026
Price: $4,995,000
Beds: 8
Baths: 4 (4 full)
Built in 1960
2 stories
0.22 acres
Subdivision: IMPERIAL BEACH
County: San Diego
Construction: Stucco
MLS area: South Bay

Last Updated: 6/15/2026

 Days On Market (DOM): 161

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This listing belongs to the South Bay MLS area

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Lat/Long: 32.574897, -117.106505.
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Source: SDM. Also Available in 2601125,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Susan Einemo

Susan Einemo REALTOR® - Sales Associate 858-717-3763 m
858-717-3763 o
Lic#: 01464003
NRDS ID: 196528752
susaneee@hotmail.com Text Me
Call My Cell
Call My Office
Lic#: 01464003
NRDS ID: 196528752
susaneee@hotmail.com
San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
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