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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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1193 Florence St, Imperial Beach – $4,999,000

  • 8 Beds
  • 4 Baths
  • .22 Acres
  • 37 DOM
  • 8 Beds
  • 4 Baths
  • .22 Acres
  • 37 DOM

1193 Florence St

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.

Essential Information

  • MLS® #250040391SD
  • Price$4,999,000
  • Bedrooms8
  • Bathrooms4.00
  • Acres0.22
  • Year Built1960
  • TypeResidential Income
  • StatusActive

Community Information

  • Address1193 Florence St
  • Area91932 - Imperial Beach
  • SubdivisionImperial Beach
  • CityImperial Beach
  • CountySan Diego
  • Zip Code91932

Interior

  • CoolingNone
  • # of Stories2
  • StoriesTwo

Exterior

  • RoofComposition

Additional Information

  • Date ListedOctober 1st, 2025
  • Days on Market37

Listing Details

  • AgentAdam Cairo
  • OfficeStarker West, Inc.
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Price Change History for 1193 Florence St, Imperial Beach, (MLS® #250040391SD)

Date Details Change
Price Reduced from $5,000,000 to $4,999,000 $1,000 (0.02%)

Adam Cairo, Starker West, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of November 17th, 2025 at 9:20am PST. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.