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1952-54 Irving Ave 4 Unit Apartment Building $2,344,155 CAD ($586,039 CAD/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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$194,352
|
$47.73
|
| Other Income |
$24,152
|
$5.93
|
| Vacancy Loss |
$5,831
|
$1.43
|
| Effective Gross Income |
$212,673
|
$52.23
|
| Taxes |
$32,251
|
$7.92
|
| Operating Expenses |
$44,897
|
$11.03
|
| Total Expenses |
$77,148
|
$18.95
|
| Net Operating Income |
$135,525
|
$33.28
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $194,352 |
| Annual Per SF | $47.73 |
| Other Income (CAD) | |
|---|---|
| Annual | $24,152 |
| Annual Per SF | $5.93 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $5,831 |
| Annual Per SF | $1.43 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $212,673 |
| Annual Per SF | $52.23 |
| Taxes (CAD) | |
|---|---|
| Annual | $32,251 |
| Annual Per SF | $7.92 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $44,897 |
| Annual Per SF | $11.03 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $77,148 |
| Annual Per SF | $18.95 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $135,525 |
| Annual Per SF | $33.28 |
Property Facts
| Price | $2,344,155 CAD | Lot Size | 0.16 AC |
| Price Per Unit | $586,039 CAD | 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 | $2,344,155 CAD |
| Price Per Unit | $586,039 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 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 538-130-08 | Total Assessment | $1,208,963 CAD (2025) |
| Land Assessment | $389,921 CAD (2025) | Annual Taxes | $32,251 CAD ($7.92 CAD/SF) |
| Improvements Assessment | $819,042 CAD (2025) | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
538-130-08
Land Assessment
$389,921 CAD (2025)
Improvements Assessment
$819,042 CAD (2025)
Total Assessment
$1,208,963 CAD (2025)
Annual Taxes
$32,251 CAD ($7.92 CAD/SF)
Tax Year
2026 Payable 2026
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1952-54 Irving Ave
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