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 Diego’s 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 Diego’s 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 location near Downtown and the Coronado Bridge, this property presents a compelling turnkey multifamily opportunity in a strong San Diego rental corridor.
Listed by Varinder Kumar Luhanibal
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License #02059761
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VK LUXURY REAL ESTATE
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562-418-0998
Last updated April 24, 2026
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Source: CRMLS #OC26088678
Listing Facts
TypeMulti-family
NeighborhoodLogan Heights
Days on Prevu8
Amenities
Washer/Dryer
Parking
Location
Mortgage Calculator
Listing History
04/23/2026
Listed by VK LUXURY REAL ESTATE
$1,549,900
Property Details for 1877 Irving Avenue
Association
Amenities
Community Features: Curbs, Street Lights, Sidewalks, Urban
Exterior
Construction
Number Of Units Total: 5
Stories: 2
Stories Total: 2
Year Built: 2024
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Ground
Measurements
Building Area Total: 3,490
Building Area Units: Square Feet
Lot Features: Near Public Transit, Street Level
Lot Size Acres: 0.08
Lot Size Area: 3,754
Lot Size Source: Assessor
Lot Size Square Feet: 3,754
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.92
Gross Income: $116,820.00
Operating Expense: $24,704.00
Taxes
Parcel Number: 5381003600
Interior
Features
Appliances: Dryer
Other
Location
Subdivision Name: Logan Heights
Tax Lot: 29
Parking
Parking
Parking Features: Public
Utilities
Equipment
Laundry Features: Electric Dryer Hookup, Inside, Laundry Closet
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1877 Irving Avenue.
How does 1877 Irving Avenue compare to other multi-family homes in Logan Heights?
This multi-family home is listed 3% below the average price for multi-family homes in Logan Heights and has been on the market for 25 less days than the typical home in this area.
1877 Irving Avenue is a -bedroom multi-family home for sale in San Diego CA 92113. Listed on Prevu for 8 days at $1,549,900. This residence is located in Logan Heights. The median listing price for multi-family homes in this area is $999,000. Property amenities include parking and washer/dryer. Browse more multi-family home listings in San Diego.
Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.