92102 Homes with Multi Family Subtype

Welcome to the vibrant heart of San Diego, where the zip code 92102 offers a unique blend of urban living and residential charm. Nestled within the bustling city, this area is characterized by its eclectic neighborhoods, rich cultural diversity, and an array of amenities that cater to every lifestyle. Whether you're drawn to the historic architecture or the modern developments, 92102 boasts homes that reflect the dynamic spirit of San Diego.

One of the standout features of this area is its multi-family housing options. Homes with a multi-family subtype in 92102 present an excellent opportunity for both investors and families seeking a sense of community. These properties often include duplexes, triplexes, and apartment buildings, providing flexible living arrangements that can accommodate extended families or generate rental income. Imagine living in a charming, restored Victorian while having the option to rent out additional units to help offset your mortgage—it's a win-win!

Living in 92102 means you're just a stone’s throw away from San Diego’s vibrant downtown scene, where you can enjoy world-class dining, shopping, and entertainment. The proximity to cultural hotspots like Balboa Park and the San Diego Zoo makes this area a family-friendly haven, while the easy access to public transport ensures that the entire city is at your fingertips.

In 92102, you’re not just purchasing a home; you’re investing in a lifestyle filled with opportunity, community, and the quintessential San Diego sunshine. Explore the possibilities of multi-family living in this thriving zip code today!

Newest 92102 Homes with Multi Family Subtype

$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

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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.