North Park Real Estate Search

North Park Multi-Family Properties for Sale

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Newest North Park Multi-Family Homes for Sale

$1,450,000
6 Beds 6 Baths 260017617 MLS ACTIVE Status N/A BLDG.
3 INCOME-PRODUCING UNITS WITH HUGE UPSIDE POTENTIAL IN RENTS! Located in the heart of North Park, this turnkey triplex at 4136 Cherokee Ave offers a rare opportunity for investors seeking immediate cash flow with room to grow. All three units are currently occupied and generating income. Each unit lives like a townhome rather than a typical rental, featuring 2 bedrooms, 1.5 baths, in-unit laundry, a private yard, and 2 dedicated parking spots. Every unit has been recently renovated with newer kitchens and baths, updated flooring, windows, and doors, stainless steel appliances, upgraded cabinetry, and individual Central A/C and Heating systems for tenant comfort and efficiency. Ideally situated close to everything North Park has to offer — trendy restaurants, breweries, boutique shops, and parks — with easy freeway access for commuters. Whether you're building a rental portfolio or looking for a turnkey multi-unit investment with strong upside, this property checks every box. 3 INCOME-PRODUCING UNITS WITH HUGE UPSIDE POTENTIAL IN RENTS! Located in the heart of North Park, this turnkey triplex at 4136 Cherokee Ave offers a rare opportunity for investors seeking immediate cash flow with room to grow. All three units are currently occupied and generating income. Each unit lives like a townhome rather than a typical rental, featuring 2 bedrooms, 1.5 baths, in-unit laundry, a private yard, and 2 dedicated parking spots. Every unit has been recently renovated with newer kitchens and baths, updated flooring, windows, and doors, stainless steel appliances, upgraded cabinetry, and individual mini-split A/C systems for tenant comfort and efficiency. Ideally situated close to everything North Park has to offer — trendy restaurants, breweries, boutique shops, and parks — with easy freeway access for commuters. Whether you're building a rental portfolio or looking for a turnkey multi-unit investment with strong upside, this property checks every box.

4136 Cherokee, North Park

$2,199,000
5 Beds 4 Baths 260016994 MLS ACTIVE Status 2911-15 Kalmia BLDG.
Nestled on a desirable street in the heart of South Park with second-story views of Downtown San Diego. Just minutes from Balboa Park and the world famous San Diego Zoo, 2911-15 Kalmia St offers a rare combination of timeless charm, thoughtful modern updates, and exceptional versatility. The main residence features 4 bed, 2.5 bath, and approximately 2,300 sqft of beautifully designed living space. Tastefully remodeled while preserving its original character, the home showcases energy efficient windows, central heating and air conditioning, and a solar system with 41 panels that power both homes plus an EV charger, delivering year round comfort and impressive energy savings. Period details, warm architectural touches, and a charming gazebo covered patio create inviting spaces for everyday living and entertaining. Privately situated on the property is a recently remodeled detached 1 bed, 1 bath guest house of approximately 520 sqft, providing the perfect space for extended family, overnight guests, a private home office, or independent living. With alley access and a generous 6,966 sqft lot, the property offers flexibility for a variety of lifestyles while still presenting future income or ownership possibilities. Located just moments from South Park's beloved cafes, restaurants, boutiques, and neighborhood parks offering golf, tennis, swimming, and baseball, this is a rare opportunity to own a beautifully maintained home that blends historic character with modern efficiency in one of San Diego's most soughtafter communities.

2911-15 Kalmia St, North Park

$1,750,000
7 Beds 3 Baths PTP2605049 MLS ACTIVE Status
Beautiful income property in North park with 3 units: one 3 bedroom 1.5 bath and 2 each 2 bedroom 1 bath home duplex in the back of property. Close to shopping and freeway access. Front home has been and updated kitchen with granite countertops and stainless steel appliance. The downstairs unit in duplex the kitchen comes with a gas stove, refrigerator, dishwasher and microwave. Small dining area just off the kitchen. There is tile and hardwood flooring, wall heating, ceiling fans and plenty of windows for fresh air. There are granite countertops. The bathroom has been updated. Shared backyard area. The upstairs Duplex has carpet flooring lots of windows that make the property very bright and airy. Bright kitchen with Gas stove. Beautiful income property in North park with 3 units: one 3 bedroom 1.5 bath and 2 each 2 bedroom 1 bath home duplex in the back of property. Close to shopping and freeway access. Front home has been and updated kitchen with granite countertops and stainless steel appliance. The downstairs unit in duplex the kitchen comes with a gas stove, refrigerator, dishwasher and microwave. Small dining area just off the kitchen. There is tile and hardwood flooring, wall heating, ceiling fans and plenty of windows for fresh air. There are granite countertops. The bathroom has been updated. Shared backyard area. The upstairs Duplex has carpet flooring lots of windows that make the property very bright and airy. Bright kitchen with Gas stove.

3325-3329 Dale St, North Park

$1,449,000
7 Beds 3 Baths 260015699 MLS ACTIVE Status 3622-24 Texas Streeet BLDG.
Rare North Park duplex offering an exceptional opportunity for both owner-occupants and investors in one of San Diego's most sought-after neighborhoods. This charming property features two separate residences, each with its own unique character, flexible living spaces, and timeless architectural details. Outside the expansive front patio creates an inviting outdoor space perfect for relaxing or entertaining. Inside, you'll find bright and spacious interiors with abundant natural light and hardwood flooring. The living areas are warm and welcoming, while the kitchens offer generous cabinetry, ample prep space, and convenient adjacent laundry/storage areas. The versatile floor plan provides excellent flexibility for multi-generational living, rental income, or a dedicated home office. The lower residence also benefits from bonus living space and direct access to a private outdoor area, while both units enjoy patios for indoor-outdoor living. Located in the heart of North Park, just blocks from Morley Field, Balboa Park, popular restaurants, coffee shops, breweries, shopping, and entertainment, this property offers the perfect blend of historic charm, modern updates, and prime urban convenience. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this is a rare opportunity in San Diego.

3622-24 Texas St, North Park

$2,695,000
11 Beds 7 Baths 260014833 MLS ACTIVE Status
3736 Mississippi Street is a meticulously maintained 6-unit multifamily asset located in the heart of Prime North Park. Built in 1986 and owner-operated by the same hands-on proprietor since acquisition, this property reflects a level of pride of ownership seldom found in today's marketplace. The owner purchased the asset as his personal residence and approached every capital improvement accordingly — selecting quality materials and long-term solutions over short-term fixes. The result is a turn-key building with a strong unit mix, compelling in-place rents, and an established RUBS program with zero deferred maintenance for a new operator to inherit. The property also features four (4) on-site single-car garages with strong ADU conversion potential, offering a clear path to increasing unit count and revenue while retaining six (6) parking spaces — a meaningful competitive advantage in a neighborhood where off-street parking has become increasingly scarce and valuable. North Park consistently ranks among San Diego's most resilient and in-demand rental submarkets, drawing a renter base that is educated, professionally employed, and willing to pay a premium for well-located, well-maintained housing in a walkable, amenity-rich urban environment. For a buyer seeking a newer-vintage, turn-key asset in an irreplaceable location — with multiple levers to drive yield through strategic renovations, rent growth, and ADU execution — 3736 Mississippi Street is exactly the type of opportunity that rarely comes to market.

3736 Mississippi, North Park

$1,750,000
4 Beds 3 Baths 260013271 MLS ACTIVE Status
Discover the perfect blend of comfort and versatility in this delightful three-bedroom, two-bathroom home nestled in the sought-after Altadena neighborhood of North Park. This property boasts not only a stunning main residence but also a charming one-bedroom detached cottage, offering endless possibilities whether for guests, rental income, or a dedicated workspace. Step inside the main home to be greeted by gorgeous hardwood floors that flow throughout, filling the space with warmth and elegance. Bathed in natural light, the updated kitchen is a chef's dream, featuring stylish shaker-style cabinets, luxurious quartz countertops, and sleek stainless steel appliances, all complemented by a cozy breakfast area for casual dining. The spacious, fenced yard is a true outdoor oasis, beautifully landscaped and complete with a deck that invites you to unwind and soak up the sun or entertain friends and family in style. With a one-car detached garage providing ample storage, you’ll find convenience at every turn. The detached one-bedroom cottage at the rear of the property is equally inviting, showcasing newer vinyl plank flooring, a washer and dryer, and a generous private patio that enhances its charm. This fantastic property is ideally situated just a few blocks from the vibrant North Park business district at Thorn and 32nd Street, offering an array of shops, restaurants, and entertainment options. Families will appreciate being only two blocks away from McKinley Elementary School, making this location as practical as it is desirable.

3308-3310 Gregory St, North Park

$1,449,000
NDP2605230 MLS ACTIVE Status
Newly renovated 3-unit property in the heart of Normal Heights! This turnkey investment features a detached 2-bedroom, 1-bath front house and a rear duplex comprised of two spacious 2-bedroom, 1-bath units. The front house is currently vacant, presenting a unique owner-user opportunity to live in the home while generating passive income from the duplex, or lease the unit at market rent to maximize returns. Extensive recent improvements include renovated interiors, updated kitchens and bathrooms, new appliances, dual-pane windows, foundation upgrades, sewer line improvements, and roof repairs. The duplex units are occupied by great tenants with rents slightly below market, providing built-in rental upside. The property also offers ample off-street parking, a highly desirable amenity in this urban location. Ideally situated near the restaurants, cafes, shopping, and nightlife of Normal Heights, with convenient access to Downtown San Diego and major freeways, this property offers the perfect blend of owner-user flexibility, stable income, and long-term investment potential. Buyer to verify all information. Please do not disturb tenants. For any questions, please contact Stevie Berman at (408)202-0611. Newly renovated 3-unit property in the heart of Normal Heights! This turnkey investment features a detached 2-bedroom, 1-bath front house and a rear duplex comprised of two spacious 2-bedroom, 1-bath units. The front house is currently vacant, presenting a unique owner-user opportunity to live in the home while generating passive income from the duplex, or lease the unit at market rent to maximize returns. Extensive recent improvements include renovated interiors, updated kitchens and bathrooms, new appliances, dual-pane windows, foundation upgrades, sewer line improvements, and roof repairs. The duplex units are occupied by great tenants with rents slightly below market, providing built-in rental upside. The property also offers ample off-street parking, a highly desirable amenity in this urban location. Ideally situated near the restaurants, cafes, shopping, and nightlife of Normal Heights, with convenient access to Downtown San Diego and major freeways, this property offers the perfect blend of owner-user flexibility, stable income, and long-term investment potential. Buyer to verify all information. Please do not disturb tenants. For any questions, please contact Stevie Berman at (408)202-0611.

4319-4321 Swift Ave, North Park

$1,699,000
5 Beds 4 Baths 260012681 MLS ACTIVE Status N/A BLDG.
Welcome to 3710-3712 Louisiana Street, a rare and beautifully maintained two unit opportunity in the heart of North Park blending timeless 1922 charm with modern upgrades, exceptional outdoor living, and strong income potential. Framed by lush mature trees, sculptural succulents, and drought-tolerant landscaping, this character-rich property offers two thoughtfully separated residences on one expansive lot. The front residence (3712) features 3 bedrooms and 2 remodeled bathrooms filled with warmth and original architectural detail, including stunning custom built-ins, hardwood flooring, crown molding, and a charming river rock fireplace. Modern updates complement the historic character with remodeled designer bathrooms, updated kitchen finishes, solar panels for energy efficiency, and abundant natural light throughout. Spacious indoor-outdoor flow leads to inviting decks and private entertaining spaces perfect for relaxing under the mature canopy trees. Privately positioned at the rear of the property (3710), the detached 2 bedroom, 2 bathroom residence offers its own fenced yard, elevated entertaining deck, and separate outdoor living areas creating excellent privacy. Additional highlights include a detached 1-car garage, tandem off-street parking for up to 5 vehicles, separate outdoor spaces for each unit, and current rental income. Whether you are seeking a strong investment opportunity, multi-generational flexibility, or the ability to live in one home while generating supplemental income from the other unit.

3710-3712 Louisiana, North Park

$2,695,000
5 Beds 5 Baths 260010995 MLS ACTIVE Status . BLDG.
A century apart. A perfect match. 3760 Pershing Avenue is the rare property that makes you realize how well the 1920s and the 2020s understand each other — when the right architect is involved. At the front, a 1920s Craftsman bungalow stands exactly as it was meant to: hardwood floors, original Gumwood trim, a private courtyard patio draped in mature citrus, and the kind of quiet dignity that only a century of good bones can produce. Two bedrooms, a den, 1.5 baths — and a presence that no amount of new construction has ever successfully imitated. At the rear, celebrated San Diego architect Jeff Svitak answers with three stories of considered modern design — sliding walls of glass, private patios, concrete and hardwood floors, quartz counters, and a top-floor unit that trades the Craftsman’s rootedness for something equally compelling: panoramic views that stretch from sunrise to sunset, with approved rooftop deck plans ready for the buyer who wants the final word. The two buildings share a 6,250 SF lot and almost nothing else — and that tension is precisely the point. One speaks in warm wood and history. The other responds in glass and light. Together they create something that neither could be alone: a place that feels both timeless and entirely of the moment. Every unit separately metered. New owned solar. Tankless water heaters. No HOA. No monthly fees. Three modern units in immaculate, never-occupied condition. Four units. Two centuries. One address that belongs in a category of its own.

3760-66 Pershing Ave, North Park

$4,600,000
8 Beds 11 Baths 260010099 MLS ACTIVE Status
We are pleased to present for sale the Howard Lofts (the “Property”), a luxury 12-unit, new construction, boutique multifamily community located in the heart of San Diego’s Coveted North Park submarket. The Property was completed in 2024 and offers meticulously designed loft-style apartment homes with elevated living in this prime urban infill submarket. The apartment homes were carefully designed to unlock the unit’s full potential by optimizing space and creating easy to live in floor plans with top-of-the-line finishes and are comprised of four (4) studios and eight (8) one bedroom / one bathroom units. North Park continues to attract quality renters seeking a high-end urban living experience, drawn by the neighborhood’s exceptional walkability, vibrant dining and culture scene, and proximity to San Diego’s major employment corridors. Situated within San Diego County, one of the most undersupplied and fundamentally sound rental markets in California, North Park benefits from strong, sustained demand underpinned by persistent housing shortages and favorable demographic trends. 2828 Howard is one of the few boutique new construction multifamily properties offered for sale in North Park, offering a level of design, finish quality, and loft-style living that remains uncommon for small scale urban infill projects. With a Walk Score of 97, the immediate location benefits from a fully amentized neighborhood with parks, retail, an assortment of dining options, and nightlife all within a short walk.

2828 Howard Ave, North Park

$4,000,000
260006816 MLS ACTIVE Status
Landmark South Park Mixed-Use Corner - Featuring Shepard Fairey Mural. Building also includes 2974, 2980, 2982, and 2986 Ivy Street. Rare mixed-use investment opportunity on a prime corner in the heart of South Park. This architecturally distinctive property, designed by acclaimed local architect Jim Brown, includes 3 residential loft style units, 2 commercial suites, and a Verizon lease. The residential residences feature urban character with high ceilings, exposed brick, concrete, wood floors and beams, along with large windows that bring in abundant natural light. The 2 commercial suites provide strong street presence along 30th Street, surrounded by South Park’s popular restaurants, cafés, and local businesses. Located in one of San Diego’s most walkable and desirable neighborhoods, the property is just steps from more than 20 shops, restaurants, and cafés, and minutes from Balboa Park and Downtown. Located in the heart of South Park, one of San Diego’s most walkable and sought-after neighborhoods, this prime corner property offers immediate access to the vibrant 30th Street corridor, known for its popular restaurants, cafés, and boutique retail. The building is distinguished by a striking Shepard Fairey mural, adding cultural significance and a unique visual identity that enhances its presence and appeal. Just minutes from Balboa Park and Downtown San Diego, the property benefits from strong demand and a flexible mixed-use configuration, offering both stable income and long-term upside.

2202 30th St, North Park

$1,690,000
4 Beds 2 Baths 260006314 MLS ACTIVE Status N/A BLDG.
Gorgeous 2-unit investment opportunity in the heart of Normal Heights/North Park—one of San Diego’s most vibrant and sought-after neighborhoods. This beautifully remodeled (2021) home, features TWO fully detached homes, each offering 2 bedrooms and 1 full bath, blending modern upgrades with strong income potential. Each residence comes complete with all appliances included, private and exclusive yard space, and its own solar system (leased)—providing both convenience and long-term efficiency. The property is thoughtfully designed with a serene shared courtyard at its center, featuring lounge seating and a relaxing jacuzzi—perfect for tenants or guests to unwind. The back unit boasts an additional bonus: a detached 2-car garage, adding significant value and functionality. Both units are currently occupied by long-term tenants, offering immediate, stable income for investors. Previously operated as a highly lucrative Airbnb ($100k+ annually), this property also presents excellent short-term rental potential (buyer to verify local regulations). Zoned RM-2-5, this property is located within a Sustainable Development Area, Transit Priority Area, and Complete Communities zone—offering valuable incentives and significant upside potential for future development. Whether you're completing a 1031 exchange or seeking a versatile income-producing asset in a prime location, this property delivers on all fronts—location, lifestyle, and long-term growth. Don’t miss this exceptional opportunity in one of San Diego’s most dynamic communities.

4365-67 Wilson Ave, North Park

$7,494,000
16 Beds 16 Baths 260005484 MLS ACTIVE Status
We are pleased to present 3167 Landis Street, a fully renovated 16-unit multifamily community located in the heart of North Park, one of San Diego’s most vibrant and desirable rental markets. This gated property has undergone an extensive renovation down to the studs, resulting in a high-quality, turnkey asset featuring modern finishes throughout. Each apartment includes in-unit laundry, ductless air conditioning, and thoughtfully designed interiors that offer residents the comfort and convenience expected in today’s rental market. The property also benefits from assigned parking and abundant off-street parking, a rare amenity in this highly walkable neighborhood. A spacious central courtyard and common area creates an inviting environment for outdoor living and encourages a sense of community among residents. Situated just moments from the restaurants, cafes, and entertainment that define North Park, the property offers tenants exceptional access to neighborhood amenities while maintaining a quiet residential setting. Nearby schools such as Our Lady of Peace, McKinley Elementary, and St. Augustine High School further enhance the property’s appeal to a diverse tenant base. With excellent curb appeal, a premier location, and strong income potential, 3167 Landis Street presents a rare opportunity for investors to acquire a fully renovated, stabilized asset in one of San Diego’s most established and supply-constrained urban neighborhoods.

3167 Landis St, North Park

$7,496,000
6 Beds 4 Baths 260005483 MLS ACTIVE Status San Diego BLDG.
We are pleased to present 3167 Landis Street, a fully renovated 16-unit multifamily community located in the heart of North Park, one of San Diego’s most vibrant and desirable rental markets. This gated property has undergone an extensive renovation down to the studs, resulting in a high-quality, turnkey asset featuring modern finishes throughout. Each apartment includes in-unit laundry, ductless air conditioning, and thoughtfully designed interiors that offer residents the comfort and convenience expected in today’s rental market. The property also benefits from assigned parking and abundant off-street parking, a rare amenity in this highly walkable neighborhood. A spacious central courtyard and common area creates an inviting environment for outdoor living and encourages a sense of community among residents. Situated just moments from the restaurants, cafes, and entertainment that define North Park, the property offers tenants exceptional access to neighborhood amenities while maintaining a quiet residential setting. Nearby schools such as Our Lady of Peace, McKinley Elementary, and St. Augustine High School further enhance the property’s appeal to a diverse tenant base. With excellent curb appeal, a premier location, and strong income potential, 3167 Landis Street presents a rare opportunity for investors to acquire a fully renovated, stabilized asset in one of San Diego’s most established and supply-constrained urban neighborhoods.

3167 Landis St, North Park

$1,089,000
3 Beds 2 Baths 260003920 MLS ACTIVE Status North Park BLDG.
Welcome to the Most Central North Park Property on the Market! If you are looking for a Perfect Primary Residence with an ADU to rent out or Family to Move-In, a 2-Unit Investment Property, or an opportunity for Development on this CC 3-6 Zoned Property, Look no Further! The Short Term Rental Market projection is trending toward $144,000 in 2026. Whether maintained as an income-producing asset or repositioned for higher density use, the numbers already support the investment case with room to grow! North Park: One of San Diego’s Strongest Appreciation Markets! It continues to be one of the most sought-after urban neighborhoods in all of San Diego County. Known for its vibrant culture, award-winning restaurants, breweries, coffee shops, boutiques, and nightlife, this community blends historic charm with modern redevelopment. The walkability here is exceptional—residents can step outside and access retail, dining, parks, entertainment, and public transit within steps! This lifestyle-driven demand continues to fuel strong appreciation trends, low vacancy rates, and high rental desirability. For an owner/user, this means operating in one of the city’s most energetic business corridors. For an investor, this means stable cash flow in a supply-constrained, high-demand market. Development & Value-Add Potential. 2926 Polk Ave is more than an income-producing property—it’s a strategic foothold in one of San Diego’s most vibrant and appreciating neighborhoods. Investing or Living - This is your Opportunity!!

2926 Polk Ave, North Park

$2,790,000
13 Beds 8 Baths 250039649 MLS ACTIVE Status
3245-57 Bramson Place, a fully occupied 8-unit multifamily property in North Park, San Diego. The property features (3) one-bedroom and (5) two-bedroom units and offers immediate value-add potential through an increase in rents and the conversion of three garages into additional rental units. With nine dedicated parking spaces and on-site laundry, the property supports tenant retention while providing significant potential to increase cash flow. Highly accessible to downtown San Diego, Mission Valley, and key employment and lifestyle destinations, the area attracts a large and affluent renter base. Situated in the heart of North Park, the property is surrounded by one of San Diego’s most established urban neighborhoods. Residents benefit from immediate access to Balboa Park, Downtown, and major employment corridors, as well as a wide array of dining, breweries, boutique retail, and cultural venues. North Park’s combination of connectivity, amenities, and historic character continues to distinguish it as one of the city’s most desirable residential communities. Across the street from the coming soon Sprouts Market. Limited multifamily supply and strong demand for quality rental housing position 3245–57 Bramson Place for both near-term revenue growth and long-term appreciation, making it a compelling investment opportunity in one of San Diego’s most desirable urban communities.

3245-57 Bramson Pl, North Park

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