San Diego’s Multifamily Market: Opportunity in a Shifting Landscape
San Diego’s Multifamily Market Just Shifted — Here’s What You Should Know
If you’ve been sitting on the sidelines waiting for the right deal, this may be your window.
We’re seeing a quiet but meaningful shift in San Diego’s small multifamily market. Inventory has ticked up slightly. Days on market are stretching. And some sellers who wouldn’t have blinked last year are suddenly open to conversations.
I’m not saying we’re in a buyer’s market — but we’ve been trending in that direction & seller’s have been more willing to make concessions. For the right property (especially ones with ADU potential or zoning wiggle room), there’s room to negotiate, reposition, and create upside.
Here’s what I’m watching:
A small rise in 2–4 unit listings, especially older buildings with deferred maintenance
Long-time owners sitting on high equity and lower cash flow, now open to exit strategies
Off-market conversations opening up in places like City Heights, Clairemont, and Linda Vista
If you’ve been thinking about house hacking, repositioning, or trading up via 1031 — this is your time to act strategically.
Based on recent trends reported by Yardi Matrix and J.P. Morgan’s San Diego Multifamily Outlook (Q2 2025).
📩 Want to See My Active 2–4 Unit Picks for This Week?
Just send me a message or book a quick call below — I’ll share the current off-market deals, MLS opportunities, and the ones with zoning potential.