1877 Irving Avenue

Description

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.