Turnkey 12-Unit Apartment
For Sale
$4,995,000
1193 Florence St, Imperial Beach, CA 91932
Fully renovated 12-unit apartment property with separately metered gas and electricity plus 14 paved parking spaces.
Lot Size0.22 Acres
Days on Market198
Property Features for 1193 Florence St
General Information
Standard status
Active
Total Parking Spaces
14
Lot size
0.22 Acres
Property subtype
Multi Family Home
Additional Details
Multifamily Units
12
Amenities
landscaped communal courtyard
in-unit washer/dryers
Building Details
Year Built
1960
Year Renovated
2024
Listing Agency:
Starker West, Inc.
(619) 300-0173
Listed By:
Adam Cairo · License #01948040
(619) 300-0173
Source:
Americangrouponline
Added: Jan 14
Changed: Jul 23
Last Checked: Jul 30 at 12:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Starker West, Inc.
Investment Insights
Based on property information with market context.
IB Villas is a 12-unit apartment community with a mix of five 1-bedroom/1-bath units and seven 2-bedroom/1-bath units. The property was fully renovated in 2023–2024 and features modernized interiors with stainless-steel appliance packages, updated cabinetry and quartz countertops, designer tile back-splashes, and luxury vinyl plank flooring. Kitchens include an electric stove/oven with an exhaust hood, refrigerator, and garbage disposal, while bathrooms offer shower/tub combinations with tile surrounds and modern vanities with quartz counters and under-mount sinks. All units include in-unit washer/dryers, ceiling fans, flush-mount and pendant lighting, energy-efficient vinyl windows, and updated plumbing fixtures.
On-site amenities include a landscaped communal courtyard with trees and shrubs and 14 asphalt-paved surface parking spaces. All units are separately metered for gas and electricity.
The combination of recently updated building systems, functional layouts, and individually metered utilities supports an operationally efficient, turnkey multifamily offering.
On-site amenities include a landscaped communal courtyard with trees and shrubs and 14 asphalt-paved surface parking spaces. All units are separately metered for gas and electricity.
The combination of recently updated building systems, functional layouts, and individually metered utilities supports an operationally efficient, turnkey multifamily offering.
Key Highlights
- 12‑unit apartment community in Imperial Beach, fully renovated in 2023–2024
- Unit mix includes five 1BD/1BA and seven 2BD/1BA apartments
- Each unit has in‑unit washer/dryer, ceiling fans, and energy‑efficient vinyl windows
Property Analytics
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
895
Businesses Nearby
Explore this area
Business Placement
Demographics for 91932, CA
26,013
Population
10,276
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
85%
High-School Grad
4.3 sq mi
ZIP Area
6,050
Density / Sq Mi
$79,071
Median Household Income
$41,917
Median Earnings
$1,914
Median Rent
$811,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Fully renovated 12-unit apartment property with separately metered gas and electricity plus 14 paved parking spaces.
Where is this apartment building located?
The property is located at 1193 Florence St Imperial Beach, CA.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: 12‑unit apartment community in Imperial Beach, fully renovated in 2023–2024; Unit mix includes five 1BD/1BA and seven 2BD/1BA apartments; Each unit has in‑unit washer/dryer, ceiling fans, and energy‑efficient vinyl windows
