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For sale
  • Price cut: $2K (5/4)
    $4,995,000

    1193 Florence St, Imperial Beach, CA 91932

    9beds
    8,324sqft
    : 
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    Multi Family
    Built in ----
    -- sqft lot
    $4,693,100 Zestimate®
    $600/sqft
    $-- HOA

    What's special

    Luxury finishesModern finishesUpdated plumbing fixturesQuartz counter-topsStainless-steel appliance packagesLuxury vinyl plank flooringExcellent curb appeal
    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.
    187 days
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    67
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Seth R Watje DRE #01805453 619-358-3748,

    Starker West, Inc.,

    Adam Cairo DRE #01948040 619-300-0173,

    Starker West, Inc.

    Source: SDMLS,MLS#: 2601125MLS LogoOriginating MLS: SDMLS

      Facts & features

      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

      Features
      • Stories: 2
      Lot
      • Size: 9,583 Square Feet
      Details
      • Parcel number: 6330221100

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family

      Community & HOA

      Location
      • Region: Imperial Beach

      Financial & listing details

      • Price per square foot: $600/sqft
      • Date on market: 1/14/2026

        Estimated market value

        $4,693,100

        $4.46M - $4.93M

        $2,313/mo

        Price history

        DateEventPrice
        5/4/2026Price change$4,995,0000%$600/sqft
        Source: SDMLS #2601134 Report a problem
        3/25/2026Price change$4,997,0000%$600/sqft
        Source: SDMLS #2601134 Report a problem
        2/23/2026Price change$4,999,0000%$601/sqft
        Source: SDMLS #2601134 Report a problem
        1/15/2026Listed for sale$5,000,000+0%$601/sqft
        Source: SDMLS #2601125 Report a problem
        1/13/2026Listing removed$4,999,000+0%$601/sqft
        Source: SDMLS #250040394 Report a problem
        12/8/2025Price change$4,998,0000%$600/sqft
        Source: SDMLS #250040391 Report a problem
        10/28/2025Price change$4,999,0000%$601/sqft
        Source: SDMLS #250040394 Report a problem
        10/1/2025Listed for sale$5,000,000+92.3%$601/sqft
        Source: SDMLS #250040391 Report a problem
        9/29/2020Sold$2,600,000+37.2%$312/sqft
        Source: SDMLS #200022586 Report a problem
        3/3/2018Listing removed$1,575
        Source: Zillow Rental Manager Report a problem
        3/2/2018Price change$1,575+6.1%
        Source: Zillow Rental Manager Report a problem
        11/29/2017Price change$1,485-4.2%
        Source: Zillow Rental Manager Report a problem
        11/27/2017Listed for rent$1,550
        Source: Zillow Rental Manager Report a problem
        3/30/2016Listing removed$1,895,000$228/sqft
        Source: Coldwell Banker Residential Brokerage - Dana Point / San Clemente/ San Juan Capistrano #OC16001742 Report a problem
        1/12/2016Pending sale$1,895,000$228/sqft
        Source: Coldwell Banker Residential Brokerage - Dana Point / San Clemente/ San Juan Capistrano #OC16001742 Report a problem
        1/5/2016Listed for sale$1,895,000$228/sqft
        Source: Coldwell Banker Residential Brokerage - Dana Point / San Clemente/ San Juan Capistrano #OC16001742 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 91932

        Getting around

        81 / 100
        Very Walkable
        44 / 100
        Some Transit
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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