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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 (CAD) Annual Per SF (CAD)
Gross Rental Income $189,852 $46.62
Other Income $23,593 $5.79
Vacancy Loss $5,696 $1.40
Effective Gross Income $207,750 $51.02
Taxes $31,505 $7.74
Operating Expenses $43,858 $10.77
Total Expenses $75,362 $18.51
Net Operating Income $132,387 $32.51

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $189,852
Annual Per SF $46.62
Other Income (CAD)
Annual $23,593
Annual Per SF $5.79
Vacancy Loss (CAD)
Annual $5,696
Annual Per SF $1.40
Effective Gross Income (CAD)
Annual $207,750
Annual Per SF $51.02
Taxes (CAD)
Annual $31,505
Annual Per SF $7.74
Operating Expenses (CAD)
Annual $43,858
Annual Per SF $10.77
Total Expenses (CAD)
Annual $75,362
Annual Per SF $18.51
Net Operating Income (CAD)
Annual $132,387
Annual Per SF $32.51

Property Facts

Price $2,289,886 CAD
Price Per Unit $572,472 CAD
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
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
538-130-08
Land Assessment
$375,922 CAD (2025)
Improvements Assessment
$789,637 CAD (2025)
Total Assessment
$1,165,558 CAD (2025)
Annual Taxes
$31,505 CAD ($7.74 CAD/SF)
Tax Year
2026 Payable 2026
  • Listing ID: 38792620

  • Date on Market: 2025-12-16

  • Last Updated:

  • Address: 1952-54 Irving Ave, San Diego, CA 92113

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