San Diego Homes with Multi Family Subtype

San Diego Homes with Multi Family Subtype

Welcome to San Diego County, a coastal paradise in Southern California known for its stunning beaches, vibrant culture, and year-round sunshine. With a diverse array of neighborhoods, from the bustling Gaslamp Quarter to the serene shores of La Jolla, San Diego offers something for everyone. This region is not just a haven for sun-seekers; it also boasts a robust economy, top-notch schools, and a rich tapestry of recreational activities, making it an ideal place to call home.

For those interested in investment opportunities or multi-generational living, San Diego County is a hotspot for multi-family homes. The multi-family housing market here is thriving, providing an excellent chance for buyers to tap into rental income while enjoying the benefits of homeownership. These properties range from charming duplexes to modern apartment complexes, catering to a variety of lifestyles and budgets.

Living in a multi-family home in San Diego means more than just having a roof over your head. It fosters a sense of community and connection among neighbors, making it easier to build lasting relationships. Additionally, the potential for rental income can significantly offset living expenses, providing financial flexibility and security.

With its blend of urban amenities and natural beauty, San Diego County is an ideal location for multi-family living. Whether you're looking to invest or simply want a home that accommodates family and friends, the multi-family options here are as diverse as the city itself. Explore the possibilities and discover your perfect San Diego home today!

Newest San Diego Homes with Multi Family Subtype

$9,840,000
NDP2608241 MLS ⋅ Active Status
We are proud to present the Casa Serena Apartment Homes in the "Encanto Heights" neighborhood of San Diego. Casa Serena consists of forty one (41) 2 Bed/1 Bath single story cottage style units. Each building sits on its own parcel and the whole offering consists of twelve (12) total parcels. The gated property has 71 onsite parking spaces, on-site laundry facilities (owned), and 12 large storage units. Casa Serena will allow an investor to purchase a large property with positive leverage from day one. The low-density large footprint (almost 2 acres) may allow for a development play down the road. The 12 individual parcels allow for the investor to choose between commercial or residential financing.

6433 Shaules Avenue, San Diego
$5,995,000
PTP2606421 MLS ⋅ Active Status
An entire historic town in San Diego County, offered as a single purchase. The Village of Campo includes residential and commercial buildings on about 15.75 acres across three parcels, one hour east of San Diego on Highway 94. The property has 28 residential units and a commercial core anchored by the U.S. Border Patrol station, the U.S. Post Office, and East County Lumber & Ranch Supply on a lease through 2033. It produces approximately $480,000 in annual scheduled rent, with lease-up and renovation upside. The village was built in 1941 as Camp Lockett, the last horse cavalry post built for the U.S. Army and wartime home of the Buffalo Soldiers. The Pacific Crest Trail passes the village a mile from its southern terminus. Buildings are original 1940s construction and will need a renovation program. Possible uses include heritage hospitality, trail town lodging, an event venue, film production, a maker village, or continued rental operations. Seller financing is available. https://owncampo.com/

431 Jeb Stuart Road, Campo
$2,250,000
NDP2607603 MLS ⋅ Active Status
1 Mile from the Oceanside Beach and a fully renovated cash flow machine of 6 units. 2017 Renovation includes all new interiors (SS appliances, cabinets, flooring), roof, windows, HVAC, asphalt parking, etc. Excellent rents and low expenses for the long term investment. Six 1 bedroom, 1 bathroom apartments.

1415 Marquette Street, Oceanside
$2,200,000
PTP2606082 MLS ⋅ Active Status
Excellent opportunity to acquire a well-maintained 9-unit multifamily property in a convenient central San Diego location. The property features an attractive unit mix consisting of six 1-bedroom/1-bath units and three 2-bedroom/1-bath units, offering strong appeal to a broad tenant base. Residents enjoy secure entrances, onsite coin-operated laundry, and ample off-street parking with four garages plus five additional open parking spaces. Recent improvements include newly installed tankless water heaters, helping enhance efficiency and reduce future maintenance concerns. Centrally located with convenient access to major freeways, public transportation, shopping, dining, employment centers, and other neighborhood amenities. The property's combination of unit mix, parking, secure access, and central location makes it a compelling opportunity for investors seeking a multifamily asset in the San Diego market. Excellent addition to an investment portfolio with long-term income and appreciation potential.

3837 39Th Street, San Diego
$2,350,000
NDP2607179 MLS ⋅ Active Status
The Silva Group Proudly present Laurel Landing, a well-maintained and high-performing multifamily investment opportunity in the heart of Lakeside. This attractive property consists of eight spacious two-bedroom, one-bath apartment homes situated on approximately 13,719 square feet of land. Built in 1983, the property encompasses approximately 6,528 square feet of rentable building area and has been thoughtfully maintained to provide stable, low-maintenance ownership. Designed with tenant comfort in mind, each residence features air conditioning, an in-unit stacked washer and dryer combination, and individually metered gas and electric service, allowing residents to control their own utility costs while reducing owner expenses. The ground-floor units enjoy the added benefit of private fenced yards, a highly desirable amenity that enhances tenant appeal and retention. The property offers 13 on-site parking spaces, providing ample parking for residents and guests. With its efficient layout, modern conveniences, and durable construction, Laurel Landing presents investors with an exceptional opportunity to acquire a stable, income-producing asset with low ongoing maintenance requirements and strong long-term investment potential. Ideally located just blocks from Downtown Lakeside, residents enjoy convenient access to local restaurants, shopping, entertainment, and community amenities. The property also offers easy access to major freeways, making commuting throughout San Diego County convenient and enhancing its appeal to a broad tenant base. Whether you’re looking to expand your multifamily portfolio or complete a 1031 exchange, Laurel Landing represents a quality investment opportunity in one of East County’s consistently strong rental markets.

12651 Laurel Drive, Lakeside
$2,600,000
NDP2607124 MLS ⋅ Active Status
1240–1270 Holly Avenue represents a rare opportunity to acquire a well maintained, five unit multifamily asset with meaningful value add and redevelopment potential in Imperial Beach, San Diego’s southernmost coastal community. The property is situated west of Interstate 5 and approximately two miles from the Pacific Ocean, placing it within a rapidly evolving coastal submarket characterized by sustained renter demand, ongoing revitalization, and increasing investor interest. Long term family ownership and consistent upkeep underscore the stability and pride of ownership inherent in this offering. The asset comprises approximately 5,260 rentable square feet across five detached single family style residences, supplemented by a large rear storage structure. The unit mix includes two 2 bedroom/1 bath units of roughly 860 square feet each, two 3 bedroom/1 bath units of approximately 1,008 square feet each, and one 2 bedroom/2 bath unit of approximately 1,524 square feet. All homes are believed to have been constructed circa 1960 and feature both front and rear yards. Four units are equipped with single car garages, while one unit offers a covered carport, providing ample on site parking and enhancing tenant convenience. The generous outdoor areas present opportunities for future enhancements that may support increased rental value. The property has been selectively upgraded over time, including interior and exterior painting, new flooring, entry improvements, plumbing and drain line upgrades, replacement of water valves and fixtures, electrical fixture updates with GFCI outlet enhancements, one roof replacement with tune ups on remaining roofs, refinished kitchen and bath surfaces, newer wall heaters, and updated fencing. Despite these improvements, current rents remain below market, and ownership estimates an approximate 15 percent total income upside achievable through unit turnover and additional interior modernization. INVESTMENT PROFILE: The five-unit property is currently positioned to generate approximately $13,450 per month, or $161,400 annually, based on projected rents of five single detached residential units at approximately $3,300, $2,950, $2,750, $2,300 and $2,150/month. At the $2,600,000 asking price: Gross Annual Income: $161,400. Gross Cap Rate: approximately 6.20% Estimated Net Cap Rate: approximately 4.5%, depending on actual operating expenses and insurance. The property is zoned R 3000, permitting detached and attached dwelling units at a maximum density of 14 units per acre. Based on the site’s approximate 0.67 acre footprint, the maximum permitted density is nine dwelling units, with the potential for additional units through the State Density Bonus Law or Accessory Dwelling Units (ADUs), subject to municipal review. Developers may also consider full redevelopment; new primary dwelling units would require discretionary approval, and detailed proposals may be submitted to the City of Imperial Beach Planning Department once project parameters are defined. Numerous recently completed projects in the immediate vicinity provide strong proof of concept for redevelopment in this corridor. With Imperial Beach experiencing ongoing revitalization, improved infrastructure, and sustained private investment, the property offers both current cash flow and long term appreciation potential. Its proximity to beaches, dining, retail, and major transportation routes further enhances its desirability. This offering is well suited for investors seeking to expand cash flow, build equity, and capitalize on one of coastal San Diego’s most active and evolving multifamily submarkets.

1240 70 Holly Avenue, Imperial Beach
$2,950,000
PTP2602937 MLS ⋅ Active Status
We are pleased to present Sundance Apartments, a 9-unit multifamily property in San Diego’s desirable University Heights neighborhood, located just 1.5 blocks from Adams Avenue. Built in 1972, the gated property features (6) 1BR/1BA and (3) 2BR/1BA units, select private patios/balconies, common area patio area with mature landscaping, on-site laundry, and 9 off-street parking spaces. Well-maintained with stable in-place income (5.22% current cap rate), the asset offers value-add upside through renovations. One 2BR unit is currently for lease, providing an immediate renovation/lease-up opportunity. Ideally located just 1.5 blocks south from Adams Avenue—home to vibrant dining, retail, and entertainment—the property benefits from strong tenant demand and excellent proximity to major freeways and neighborhood amenities.

4522 Oregon Street, San Diego
$3,900,000
NDP2603354 MLS ⋅ Active Status
A STEAL! PRICED TO SELL! Phenomenal opportunity to own this 7 UNIT multi-family apartment building just 2 blocks to the heart of the Village with options for your favorite cuisine and a few more blocks to the beach. Recently refreshed with new appliances, paint, water heaters, lighting, too much to list. This unique opportunity consists of 5 units that are 2BR/1BA (approximately 785 sqft), 1 unit that is 2BR/2BA with a large private yard (approximately 900 sqft), and 1 studio with a large private yard. Designated parking, common area laundry & private storage. Walk to the Village and beach. Improvements from top to bottom. Call listing agent for additional information.

2652 Jefferson Street Unit A-G, Carlsbad
$1,800,000
NDP2601746 MLS ⋅ Active Status
The Weddle Group of TWG Commercial is pleased to present for sale 3141–43 Imperial Avenue, an eight-unit multifamily property located in the heart of San Diego, California. This asset represents a rare true value-add and development opportunity, offering meaningful upside through renovation, repositioning, and potential redevelopment. The property is well-suited for private investors, multifamily developers, and value-add operators seeking a well-located transit-adjacent opportunity in a rapidly evolving corridor. The property benefits from direct frontage along the newly funded Imperial Avenue Bikeway, scheduled for completion in 2026, which is expected to enhance connectivity, accessibility, and long-term neighborhood appeal. The large, well-configured lot provides substantial development potential and compares favorably to recent multifamily projects in the immediate area. The property, located in an opportunity zone, is immediately adjacent to a San Diego Trolley station, positioning the site to maximize allowable density and development incentives under the City of San Diego’s Complete Communities Initiative and California Senate Bill 79, which takes effect July 1st. These policies create a favorable framework for increased residential development, reduced parking requirements, and streamlined approval pathways, making this property particularly attractive to developers, QOZ funds, and institutional capital. The asset will be delivered with three units vacant, allowing a new owner to implement renovations and reposition the property immediately. In addition, there are three vacant two-car garages featuring existing plumbing and electrical infrastructure with direct access to a private courtyard, providing an excellent opportunity for ADU conversion and additional income potential. Under no circumstances should the property be entered or tenants disturbed. All inquiries must be directed exclusively to the listing agent, Gary Weddle.

3141 53 Imperial Avenue, San Diego
$1,700,000
PTP2600758 MLS ⋅ Active Status
PRICE REDUCED $200K! Rare multifamily ADU densification opportunity in Sherman Heights, San Diego. By-right ADU development under CA SB-1211 allows expansion from 6 to 12 units. The property features a well-maintained 3-story, 6-unit apartment building (4,608 SF) on a 7,500 SF lot, built in 1927, with month-to-month tenancies and current gross income exceeding $10,000/month. Professionally prepared plans are in final approval for 6 new ADUs across three detached, two-story structures totaling approximately 2,884 SF in the rear. Upon completion, the ADUs are projected to generate an additional $13,000+/month in gross rental income, which puts this project well above a 6% cap-rate on proforma income, and should yield a healthy net completion profit after factoring in construction costs. The site is zoned CC-3-4, with ministerial ADU approvals that significantly reduce entitlement risk and development timelines. Ideal for investors seeking unit-count expansion and long-term rental growth in a prime urban infill location.

2259 Market Street, San Diego
$550,000
PTP2600317 MLS ⋅ Active Status ⋅ Old Well BLDG.
Prime property on .23 acres, on the corner of 3rd and B Street. One block up from Main Street, Julian. Two buildings on site. One, A historic hand-dug well in a pump house. Built in 1911, one of Julian's original wells. This structure is being used as a retail shop. The other building is a studio rental that has been upgraded. Full kitchen, bath and laundry facility. Level usable land. Sale comes with 3.3 EDU's ( for sewer). There is enough land available for additional residential and or commercial building(s) to be built. An Investors Dream.

2102 3rd Street, Julian
$3,200,000
NDP2201284 MLS ⋅ Active Status
Being sold with additional parcel 718-20 Freeman. Two lots being sold together for a total of 8 units. Current city regulations would only allow 6 (3 units per lot) so the additional 2 units are a bonus/grandfathered in. Lot's of opportunity in an area that is going through redevelopment, continues to improve and grow, becoming a major Tourist/Beach destination. Only 2 miles or less from Oceanside Harbor, Pier, Beaches, Farmers Market, Thursday Night Sunset Market, Restaurants, Shops, Top Gun House and more!

Oceanside
Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.