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  • MLS#: 250040391SD ( )
  • Street Address: 1193 Florence St
  • Viewed: 2
  • Price: $5,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 0
  • Days On Market: 3
  • Additional Information
  • County: SAN DIEGO
  • City: Imperial Beach
  • Zipcode: 91932
  • Subdivision: Imperial Beach
  • Provided by: Starker West, Inc.
  • Contact: Adam Adam
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    IB Villas is a 12 unit luxury apartment community located in Imperial Beach, fully renovated in 20232024. 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 Diegos most promising coastal sub markets.
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Features
Association Fee
  1. 0.00
Cooling
  1. None
Country
  1. US
Fencing
  1. None
Levels
  1. Two
Netoperatingincome
  1. 257813.00
Number With Range
  1. 12
Number Wit Hrefrigerator
  1. 12
Parcel Number
  1. 6330221100
Park Name
  1. Imperial Beach
Roof
  1. Composition
Security Features
  1. Gated Community
Sourcesystemkey
  1. 250040391:SDP
Subdivision Name Other
  1. Imperial Beach
Tenant Pays
  1. Trash Collection
  2. Water
  3. Electricity
  4. Gas
Year Built
  1. 1960