Multifamily Property for Sale in San Diego, CA

  • Price: $1.1M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: San Diego, CA 92111

Description

Prime Infill Development Opportunity – Clairemont Mesa, San Diego Infill development opportunity in one of San Diego’s most sought-after and centrally located neighborhoods. This .5-acre flat, corner parcel presents a rare opportunity ito develop new housing in the supply-constrained market of Clairemont Mesa. With proximity to San Diego Mesa College , Sharp Memorial and Rady's Children's Hospital , Montgomery Field , and a host of shopping and dining options, this site offers immediate access to key employment centers, schools, and other valuable amenities. Located within a Transit Priority Area (TPA) and Sustainable Development Area (SDA) , the site is well-suited for residential development with density bonus incentives available for affordable projects under San Diego’s progressive land use plan. Enjoy a suburban location with excellent regional accessibility and convenient access to I-805, I-8, SR-163, and SR-52 , making the location ideal for commuters and residents alike. Unlock the potential of this rare infill opportunity in the heart of Clairemont Mesa. Land Size: 0.5 Ac | Listing Type: FOR SALE

Market Context

This multifamily in San Diego, CA is listed for sale at $1,150,000. It has been on the market for 38 days. Compare it against other multifamily listings for sale in San Diego, CA — <a href="/search/sale/multifamily/california/san-diego">view the full market</a>.

As of Q1 2026, the San Diego multifamily market showed average asking rents near $1183.00/unit/mo, and cap rates around 8.0%. Source: Consensus Q1 2026 market report.

Multifamily market FAQ

What is the typical cap rate for multifamily in San Diego?
About 8.0% as of Q1 2026, per Consensus.

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