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31880895
31880896

1877 Irving Avenue, San Diego, CA 92113 For Sale

VL
CA CA 02059761
VKREA Commercial
Listed by VKREA Commercial
$1,549,900
88 days on market
Updated 86 days ago
Opportunity zone

1877 Irving Avenue

Details
APN 5381003600
Property Type Multifamily
Sub Type Apartment Building
Units 5
Cap Rate 5.92%
Year Built 163
Buildings 2
Acreage 0.086
Zoning Builder

Multifamily | 5.92% CAP | 5 Units

Marketing description

Newly constructed 5-unit multifamily asset completed in 2024, offering a rare opportunity to own a modern, low-maintenance investment property in one of San Diegos most connected urban locations. Built for long-term efficiency, the property features owned solar, all-electric building systems, and in-unit washer and dryer in every unit, creating a highly attractive setup for both investors and tenants. The newer construction and energy-conscious design help support lower maintenance demands and more efficient day-to-day operation. The property consists of two detached buildings with a desirable mix of two 2-bedroom/1-bath units and three 1-bedroom/1-bath units. Contemporary finishes, functional layouts, and modern design elements give the property strong tenant appeal and position it well against older housing stock in the area. Ideally located just south of Downtown San Diego near the Coronado Bridge, the property benefits from excellent access to major employment hubs, transportation corridors, dining, retail, and entertainment. The surrounding Barrio Logan area is one of San Diegos oldest and most culturally rich neighborhoods, located south of Downtown and shaped by the presence of the Port of San Diego and Naval Station San Diego. It is also known for its gallery scene, shopping, dining, and proximity to Chicano Park, a National Historic Landmark and cultural destination. These neighborhood qualities help create the kind of location story that stands out to renters and investors alike. With new construction, owned solar, all-electric efficiency, in-unit laundry, and a l
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Listing Contacts

VL
CA CA 02059761
VKREA Commercial
Listed by VKREA Commercial

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Additional Information

Name
Varinder Kumar Luhanibal
License
CA 02059761
Brokerage
VK REA
Brokerage Phone
5624180998
Title
Real Estate Broker
Brokerage Address
5000 Birch Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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