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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.
| DAYS ON MARKET | 35 | LAST UPDATED | 10/28/2025 |
|---|---|---|---|
| TRACT | Imperial Beach | YEAR BUILT | 1960 |
| COMMUNITY | 91932 - Imperial Beach | COUNTY | San Diego |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Oct 28, '25 | $5,000,000 |
|---|---|
| Oct 28, '25 - Today | $4,999,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 91932 - Imperial Beach |
| LOT | 9509 sq ft |
| STORIES | 2 |
| SUBDIVISION | Imperial Beach |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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