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1952-54 Irving Ave 4 Unit Apartment Building $1,800,000 ($450,000/Unit) San Diego, CA 92113
INVESTMENT HIGHLIGHTS
- 100% Occupied, Turnkey 4-Unit Built in 2008 | RM-2-5 Zoning
- Located in a High-Demand San Diego Submarket
EXECUTIVE SUMMARY
Introducing a prime opportunity for the savvy Multifamily/Low-Rise/Garden investor. This 4,072 square foot property, boasting 4 units, was meticulously built in 2008 and is ideally situated in the sought-after San Diego area. With a coveted RM-2-5 zoning and a 100% occupancy rate, this property represents a secure and lucrative investment. Each unit offers modern comforts and is designed for maximum appeal. Don't miss out on this turnkey investment that promises both immediate and long-term returns. Schedule a viewing today and be prepared to be impressed.
FINANCIAL SUMMARY (PRO FORMA - 2026) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$136,800
|
$33.60
|
| Other Income |
$17,000
|
$4.17
|
| Vacancy Loss |
$4,104
|
$1.01
|
| Effective Gross Income |
$149,696
|
$36.76
|
| Taxes |
$22,701
|
$5.57
|
| Operating Expenses |
$31,602
|
$7.76
|
| Total Expenses |
$54,303
|
$13.34
|
| Net Operating Income |
$95,393
|
$23.43
|
FINANCIAL SUMMARY (PRO FORMA - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $136,800 |
| Annual Per SF | $33.60 |
| Other Income | |
|---|---|
| Annual | $17,000 |
| Annual Per SF | $4.17 |
| Vacancy Loss | |
|---|---|
| Annual | $4,104 |
| Annual Per SF | $1.01 |
| Effective Gross Income | |
|---|---|
| Annual | $149,696 |
| Annual Per SF | $36.76 |
| Taxes | |
|---|---|
| Annual | $22,701 |
| Annual Per SF | $5.57 |
| Operating Expenses | |
|---|---|
| Annual | $31,602 |
| Annual Per SF | $7.76 |
| Total Expenses | |
|---|---|
| Annual | $54,303 |
| Annual Per SF | $13.34 |
| Net Operating Income | |
|---|---|
| Annual | $95,393 |
| Annual Per SF | $23.43 |
PROPERTY FACTS
| Price | $1,800,000 | Lot Size | 0.16 AC |
| Price Per Unit | $450,000 | Building Size | 4,072 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2008 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | RM-2-5 - Residential Multi-Family | ||
| Price | $1,800,000 |
| Price Per Unit | $450,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,072 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2008 |
| Parking Ratio | 1/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RM-2-5 - Residential Multi-Family |
AMENITIES
SITE AMENITIES
- Fenced Lot
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 4 | - | 1,000 |
1 1
Walk Score®
Very Walkable (89)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $1,307,834 (2025) | |
| Land Assessment | $347,699 (2025) | Annual Taxes | $22,701 ($5.57/SF) |
| Improvements Assessment | $960,135 (2025) | Tax Year | 2026 Payable 2026 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$347,699 (2025)
Improvements Assessment
$960,135 (2025)
Total Assessment
$1,307,834 (2025)
Annual Taxes
$22,701 ($5.57/SF)
Tax Year
2026 Payable 2026
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1952-54 Irving Ave
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