Multi Family homes for sale & real estate in 92116, CA

Multi Family Home for sale in 92116, CA:

Discover a fantastic investment opportunity in the heart of San Diego! This property features two separate units — perfect for owner occupancy with rental income oras a duplex investment. Live in one and rent out the other! The back unit is currently rented for $1,900/month, providing steady income from day one. The front unit has been tastefully updated with a modern open-concept layout, created by removing a partition wall between the living room and kitchen. Enjoy a beautifully upgraded kitchen complete with contemporary finishes, perfect for entertaining or family living. Additional comfort upgrades include new mini split systems for efficient heating and cooling, ensuring year-ro

Multi Family Home for sale in 92116, CA:

Back on the market no fault of seller. Big price reduction. Perfect investment property for Investors and Buyers. This 5 Unit Complex Located in a desirable area of North Park. 3 units 2/1 and 2 units 1/1. Complex has independent electricity meters, 4 attached Garages, Separate laundry room , front patio and 3 units have patio on the side and has alley access. Renters are month to month. Strong tenant demand on this area. Owner has Property Free and clear. Very centrally located close to freeway, shopping center, stores, etc. Buyers send me your offer!!!

Multi Family Home for sale in 92116, CA:

Spacious 3 units at 3300 sq ft on a large lot with alley access and exclusive parking. Front unit is a detached craftsman house with 2 bedrooms, 1 bathroom, and private driveway. The 2 units in the back is a 2 story building with alley access and private parking. All units are 2/1. Rents are under market with great potential. Common washer/dryer hook ups along with 3 water heaters in a large storage area. Do not disturb tenants. Centrally located near schools, parks, and shops!

Multi Family Home for sale in 92116, CA:

Please to present 4209-15 3rd Avenue, a meticulously renovated four-unit multifamily property in the heart of San Diego’s electric Hillcrest neighborhood and adjacent to UCSD’s $3 billion medical campus redevelopment. Completed with a high-end, no-expense-spared renovation as of July 2026, the property consists of four spacious 2 Bedroom / 1 Bathroom units, each finished with designer-grade materials and entirely new building systems throughout. Two of the four units enjoy large private backyards, while the upper-level units feature large private balconies. Each unit is equipped with two dedicated parking spaces — eight spaces in total — a rare and valuable premium i

Multi Family Home for sale in 92116, CA:

Rare 4-unit investment opportunity across from Teralta Park offering strong in-place income and long-term upside. Corner lot property featuring two original studio units and two newly constructed ADUs (4208) completed in 2024 with final sign-off—both currently leased. Unit mix includes two studios and two 1-bedroom units (approx. 320–448 sq ft), providing a diversified rental profile. Total current gross income of $6,775/month, including $625/month from a Clear Channel billboard lease. Property includes 4 separate meters for clean utility separation and operational efficiency. One unit has been recently updated, with additional value-add potential in the remaining original units

Multi Family Home for sale in 92116, CA:

Known as the Polk Avenue Apartments, this site is a multi-family residential property consisting of two separate low-rise structures set on a single corner lot. The buildings are mid-century style frame-and-stucco construction. The layout functions as a four-unit residential setup configured with a mix of one- and two-bedroom rental units. The property features off-street parking in the form of a garage structure, with additional room for vehicle spaces tucked toward the rear off the street. Neighborhood & Location: The site rests right on the border where North Park meets University Heights, two of San Diego’s most vibrant urban neighborhoods. Accessibility: It sits on the nort