Investment Opportunity: 5 Unit Multifamily Property in the highly desirable area of San Diego
Rare Investment Opportunity – New 5-Unit Multifamily in Prime San Diego
Presenting a newly built 5-unit multifamily property near Balboa Park with walkable access to Downtown San Diego, nightlife, dining, and major retail corridors. This turnkey asset combines modern design, energy efficiency, and future rental upside in one of the city’s most desirable locations.
The property features two detached buildings:
Built from the ground up with owned solar panels and low-maintenance construction, investors benefit from reduced operating costs and minimal capital expenditures — a major advantage in California.
Located just off the I-5 and overlooking the iconic Coronado Bridge, the property offers exceptional access to Coronado, the Gaslamp Quarter, and Downtown’s business district.
With strong tenant demand, professional-grade scalability, and rent growth potential, this is a future-proof asset offering stable income and long-term appreciation in a high-growth market.
Building 1 (White Building) 1,504 sq.ft.
1877 Irving Ave. - 2 bedroom / 1 bath (718 sq.ft.)
1879 Irving Ave. - 2 bedrooms / 1 bath
(771 sq. ft.)
Building 2 (Pink Building) 1,986 sq.ft.
(Two story, loft style)
1881 Irving Ave. Unit 101 - 1 bed / 1bath (601sq. ft.)
1881 Irving Ave. Unit 102 - 1 bed / 1bath
(587 sq. ft.) (Affordable Housing Unit)
1881 Irving Ave. Unit 103 - 1 bed / 1bath
(676 sq. ft.)
Listed by: Varinder Kumar
Phone: (562) 418 - 0998
Email: Varinder@Vkreacommercial.com
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