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,… Read More 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. Read Less
Property listed by Starker West, Inc., Adam Cairo 858-867-3732
Listing Snapshot
Days Online
22
Last Updated
Property Type
Other
Lot Size
0.22 Acres
Year Built
1960
MLS Number
250040391SD
30 Days Snapshot Of 91932
$820k
0%
(avg) sold price
11
-21%
homes sold
94
+20%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1960, Levels: Two, 2 stories, 1 building
Community
Gated
Cooling
None
Fence
None
Income
Net operating income: $257,813
Lot
0.2183 acres, 9,510 square feet, Size: 9,510
Roof
Composition
Security Features
GatedCommunity
Tenant Pays
Electricity, Gas, TrashCollection, Water
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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