92116 Homes with Multi Family Subtype

Welcome to the vibrant community of 92116, nestled in the heart of San Diego, California. This charming zip code is renowned for its eclectic blend of urban living, rich history, and a strong sense of community. Perfectly positioned near the bustling neighborhoods of Normal Heights and Kensington, 92116 offers residents an array of amenities, cultural experiences, and outdoor activities.

The housing market in 92116 is particularly appealing for those interested in multi-family homes. With a diverse selection of properties, potential buyers can find everything from quaint duplexes to spacious triplexes, making it an ideal choice for investors or families looking to generate rental income. These multi-family homes not only provide the opportunity for passive income but also foster a sense of community, as they often house multiple families and encourage neighborly connections.

Living in 92116 means embracing a lifestyle filled with convenience and charm. Residents can enjoy local coffee shops, trendy boutiques, and an array of dining options that reflect the rich cultural tapestry of San Diego. With beautiful parks, vibrant farmers' markets, and easy access to public transportation, this area is perfect for those who appreciate a lively urban atmosphere without sacrificing the warmth of a close-knit neighborhood.

Whether you're searching for your next investment property or a place to call home, 92116 offers a unique opportunity to experience the best of San Diego living. Explore the multi-family options available in this dynamic community and discover why so many are proud to call this area home!

Newest 92116 Homes with Multi Family Subtype

$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

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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.