Golden View — Sale in San Diego, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: San Diego, CA 92102
Photos
Investment Figures
- Cap rate
- 5.35%
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
The Zorbas Huffman Group of Marcus & Millichap is pleased to present Golden View, a 28-unit multifamily community located at 2470 C Street in San Diego, CA. Situated on approximately 0.33 acres in the heart of Golden Hill, the property offers investors the opportunity to acquire a well-located apartment asset in one of San Diego’s most established, walkable, and centrally positioned urban submarkets. Golden View features a diversified unit mix of studio, one-bedroom, and two-bedroom floorplans totaling approximately 21,546 rentable square feet. The unit mix includes three (3) studio units averaging 442 square feet, fifteen (15) one-bedroom/one-bathroom units averaging 765 square feet, one (1) two-bedroom/one-and-a-half-bathroom unit at 832 square feet, eight (8) two-bedroom/two-bathroom units averaging 862 square feet, and one (1) large non-conforming studio unit at 1,017 square feet. The property’s varied floorplan offering supports broad renter appeal, while select spacious units feature bright kitchens with stainless steel appliances, generous closet space, secured access, elevator service, on-site laundry, and assigned parking. Ideally positioned just east of Downtown San Diego, Golden View places residents near Balboa Park, San Diego City College, major freeways, and a wide range of dining, nightlife, shopping, and entertainment venues. The property combines convenient access to San Diego’s major employment and lifestyle destinations with the neighborhood character and walkability that continue to drive renter demand in Golden Hill. With its central location, meaningful scale, diversified unit mix, and resident amenities, Golden View represents a compelling opportunity to acquire a stabilized multifamily asset in a highly supply-constrained San Diego rental market. Investment Highlights: • PRIME GOLDEN HILL LOCATION: just east of Downtown San Diego, minutes from Balboa Park, San Diego City College, major freeways, and nearby dining, nightlife, and entertainmen
Market Context
This multifamily in San Diego, CA is listed for sale. It is offered at an approximate 5.3% 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 5.3% 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).
Contact
- Chris Zorbas · (858) 373-3166 · czorbas@ipausa.com
- Austin Huffman · (858) 373-3122 · ahuffman@ipausa.com
- Chad O'Connor · (858) 373-3146 · chad.oconnor@marcusmillichap.com
Explore this market
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