12 on Florence
Multifamily | 12 Units | $416,250/unit
Marketing description
IB Villas is a 12-unit luxury apartment community located in Imperial Beach, fully renovated in 2022–2023. 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 12 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.
Investment highlights
- 12-unit luxury apartment community located in Imperial Beach
- Fully renovated in 2022-2023
- Desirable mix of five 1-bedroom/1-bath units and seven 2-bedroom/1-bath units
- Stainless-steel appliance packages including electric stove/oven with exhaust hood, refrigerator, and garbage disposal
- 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
- In-unit washer/dryers, ceiling fans, flush-mount and pendant lighting, and energy-efficient vinyl windows
- 12 asphalt-paved surface parking spaces
- Landscaped communal courtyard with trees and shrubs
- All units separately metered for gas and electricity
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?












































