Atlas 12 @ Imperial Beach — Sale in San Diego, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: San Diego, CA 92154

Photos

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Investment Figures

Cap rate
4.88%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present "Atlas 12 at Imperial Beach" a twelve-unit multifamily community located in the highly accessible Imperial Beach neighborhood of San Diego. This sleek boutique property offers a compelling combination of high-quality construction, modern interiors, and stable rental demand - all within one of San Diego's most strategically positioned submarkets. Completed in 2026, Atlas 12 at Imperial Beach consists of ten (10) one-bedroom/one-bathroom units averaging approximately 496 square feet, one (1) one-bedroom/one-bathroom unit at approximately 747 square feet, and one (1) three-bedroom/two-bathroom unit at approximately 1,084 square feet. Each unit features a thoughtfully designed layout to maximize living space and functionality for today's urban renter. Interiors feature plenty of natural sunlight and are appointed with high ceilings, oversized windows, premium designer fixtures and finishes, quartz countertops, wood cabinetry, stainless-steel appliances, luxury vinyl-plank flooring, custom tile shower enclosures, ample closet space, recessed and pendant lighting, ceiling fans, split-level HVAC systems, and in-unit washers and dryers. Additionally, the property is located in a low-density residential neighborhood with ample street parking available for all tenants within walking distance to local schools and parks. Centrally located in Imperial Beach with easy access to the beach, local dining, and major transportation routes, "Atlas 12 at Imperial Beach" benefits from excellent connectivity and tenant accessibility. The property is ideally suited for students, professionals, and residents seeking convenient access to education, employment, and lifestyle amenities. With off-street parking, minimal operational complexity, and potential for future enhancements such as accessory storage or shared amenities, "Atlas 12 at Imperial Beach" represents a rare opportunity to acquire a low-maintenance, income producing asset in one of San Die

Market Context

This multifamily in San Diego, CA is listed for sale. It is offered at an approximate 4.9% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in San Diego, CA — view the full market.

As of Q4 2025, the San Diego multifamily market showed a 5.4% vacancy rate, average asking rents near $2456.00/unit/mo, and cap rates around 4.6%. Source: multiple brokerage reports, Q4 2025.

Its 4.9% asking cap rate is above the San Diego multifamily market average of about 4.6%, implying a higher yield (and typically more risk or upside) than comparable assets. Tight vacancy keeps competition for quality space elevated.

Multifamily market FAQ

What is the typical cap rate for multifamily in San Diego?
About 4.6% as of Q4 2025, per multiple brokerage reports.
Is the San Diego multifamily market tightening or softening?
Vacancy is around 5.4% (Q4 2025).

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