top of page
b46f1b_26c8f30e057a486aa70a0883f684a055~mv2.jpg

San Diego's Multifamily Specialist

San Diego Apartment Broker

& Multifamily Specialist

Selling San Diego apartment buildings others couldn't — through better positioning, targeted buyer outreach, and deal strategy.

$150M+

Closed

12+ Yrs

SD Experience

465+

Units Sold

Get Your Free Property Valuation

​No obligation. Data-backed valuation within 48 hours.

Valued at $600 — complimentary for SD apartment owners

$150 Million +

Apartment Transactions

12+ Years

San Diego Experience

2–50

Units — Exclusively Apartments

200

Properties Managed

200 Years

Combined Experience

10,000

Units Sold

$3 Billion+

Firm-Wide Sales

Backed by

logo_edited.png

CORFAC International Member

Featured & Verified On

Wondering what your apartment building is worth in today's market?

Confidential BOV for 2–50 unit properties. No obligation, no pressure.

What Typically Goes Wrong

Why San Diego Apartment Listings Stagnate

Many buildings sit on the market not because of a lack of demand, but because of a failure in strategy. In the current interest rate environment, simply "listing" a property is not enough.

1

Pricing Lag

Using 12-month-old comps in a 30-day market. By the time your listing hits, your price is already disconnected from what buyers are actually underwriting.

3

Narrative Gaps

Failing to prove value-add potential, such as verified ADU capacity or stabilized pro-forma caps. Buyers need a story, not just a listing sheet.

2

Narrow Exposure

Relying on public portals (LoopNet/CoStar) while ignoring private 1031-exchange capital. The best buyers are often off-market — they won't find your listing on a portal.

4

Market Fatigue

Overexposing an asset until it becomes "stale" to qualified buyers. Once a property has been on-market too long, even good deals get overlooked.

Proven Results

How We Solve What Others Can't

Proven Results

4-Unit Multifamily

The Strategy: Positioned around $100K in major capital improvements, creating a "turnkey" narrative for a low-maintenance investor.

Result

$925,000

Sold Above Asking

Spring Valley

4-Unit Multifamily

The Strategy: Targeted 1031-exchange buyers specifically seeking immediate 5% CAP performance with renovated interiors.

Result

$795,000

Stabilized Close

Paradise Hills

SFR + ADU Play

The Strategy: Identified and proved the lot's capacity for 3 additional ADUs, pivoting the asset from a single-family play to a high-density development.

Result

$650,000

$81K Over Asking

Alpine / Rancho SD

234-Unit Institutional

The Strategy: Executed a surgical, off-market campaign to protect tenant stability and reach institutional capital directly — after a national brokerage failed.

Result

$54.1M

Off-Market Sale

Controlled Exposure vs. Open Market

Not every San Diego property should be blasted on the MLS. High-unit counts or sensitive tenant profiles often require a discreet, off-market approach.

We evaluate each asset to determine if a public launch or a targeted private outreach will net the highest price with the least friction. The wrong exposure strategy can cost you more than a bad price — it can cost you the deal entirely.

Open Market

Maximum exposure through MLS, LoopNet, CoStar, and broker networks. Best for well-positioned assets that benefit from competitive bidding.

Broad Reach

Controlled Exposure

Private outreach to vetted 1031 buyers, institutional capital, and our direct investor network. Best for larger assets or sensitive situations.

Targeted & Discreet

Featured Listings

Featured Listings — South Coast Commercial

2605 Madison Ave

Active

2605 Madison Ave

2605 Madison Ave

$3,850,000

9 Units · 6,513 SF

View Details

4140 48th St

Active

4140 48th St

4140 48th St

$2,095,000

4 Units · 4,120 SF

View Details

843 A St

Active

843 A St

843 A St

$2,999,000

View Details

Track Record

Recent Sales

La Mesa

Sold

5015 Comanche Dr, La Mesa (2016)

5015 Comanche Dr, La Mesa (2016)

$2,632,500

12 Units · 43 DOM · 4.90% Cap Rate

View Details

El Cajon

Sold

446-448 Claydelle Ave, El Cajon

446-448 Claydelle Ave, El Cajon

$424,562

2 Units · 3 DOM · Buyer Rep

View Details

Poway

Sold

0 Coyote Creek Trail, Poway

0 Coyote Creek Trail, Poway

$130,000

128 DOM · Buyer Rep

View Details

b46f1b_b4a362f511c84b23b6526144fdcaad00~mv2.jpg

Featured Case Study

The Heritage — 56 Units, El Cajon

$12.95M

Sale Price

4.88%

Cap Rate

56

Total Units

6.36%

Pro Forma Cap

Full studs-up renovation positioned as core-plus investment in East County. Strategic buyer targeting through private capital network. In-unit W/D, central AC, gated entry, resort pool amenities.

Brokerage Services

Apartment Brokerage & Multifamily Services

Full-service multifamily brokerage for San Diego apartment owners and investors — from initial valuation through closing.

Sell Your Apartment Building

Maximize sale price through expert underwriting, strategic pricing, and access to a qualified private buyer network.

Rent & Market Survey

Accurate, neighborhood-level rent data and market positioning for 2–50 unit properties.

 

Buy a Multifamily Property

Source on-market and off-market apartment opportunities across every San Diego submarket.

1031 Exchange

Identify and secure compliant replacement properties with full exchange coordination and timeline management.

 

Property Valuation

Data-backed valuation using current income data, cap rate analysis, and comparable sales.

Investment Advisory

Strategic guidance for portfolio expansion, market timing, and long-term multifamily investment positioning.

Arby_Eivazian-82818_pt-1568x1568 (1).jpg

12+

Years in
Multifamily

About

Arby Eivazian — San Diego Apartment Broker

With over $150 million in closed transactions and 12+ years specializing in San Diego multifamily, I help apartment owners maximize value, avoid costly mistakes, and make informed decisions about selling, exchanging, or evaluating their properties.

As a licensed commercial agent and member of the California Association of Realtors, my approach is hands-on, data-driven, and tailored to your goals. Having personally invested in, remodeled, and managed income properties, I understand both the numbers and the day-to-day realities of ownership.

Deal of the YearSD Business Journal Finalist

Brokers Finalists

Awards & Recognition

Industry Awards & Press Coverage

Deals of the Year Finalist

San Diego Business Journal

2021

Recognition of Excellence

San Diego Association of REALTORS (SDAR)

2019 · 2020 · 2021

40 Under 40

San Diego Association of REALTORS (SDAR)

2019

As Seen In

SD Business Journal

RENTV

ConnectCRE

MultifamilyBiz

Daily Journal

Transaction Map

Deals Across San Diego County

Every pin is a closed transaction — from 4-unit cottages in City Heights to 234-unit communities in Alpine.

Arby is an asset to the San Diego real estate market and we will definitely work with him for any property deal we pursue in the future.

Walter Phillips

CEO, SD Youth Services

Market Intelligence

San Diego Market News

San Diego Apartment Market Update Q1 2026: Recent Sales, Cap Rates & What Owners Should Know

Apr 3, 2026

San Diego Apartment Market Update Q1 2026: Recent Sales, Cap Rates & What Owners Should Know

San Diego Apartment Market — Q1 2026 Key Takeaways Recent Q1 sales show apartment pricing from roughly $200K/unit to $600K/unit Confirmed cap rates ranged from about 3.11% to 8.16% Premium neighborhoods like Pacific Beach, Hillcrest, North Park, and University Heights continued to command aggressive pricing East County and yield-oriented submarkets continued to attract buyers focused on stronger returns The biggest pricing mistake owners can make right now is using broad averages instead of...

San Diego Apartment Market Update (March 2026): Prices, Cap Rates & Recent Sales

Mar 14, 2026

San Diego Apartment Market Update (March 2026): Prices, Cap Rates & Recent Sales

San Diego apartment sales remain strong in 2026, driven by demand for smaller properties.

New Federal Bill Could Limit Big Investors From Buying Houses — What It Means for San Diego Property Owners

Mar 14, 2026

New Federal Bill Could Limit Big Investors From Buying Houses — What It Means for San Diego Property Owners

Federal bill may limit big investors buying homes with little impact on San Diego housing.

b46f1b_665e9b22f6a149d5bc2854057bf63210~mv2.jpeg

Considering selling your San Diego apartment building?

Get a free, no-obligation property valuation backed by real market data and comparable sales.

Valued at $600 — complimentary for SD apartment owners

Confidential Valuation

Get a Realistic Underwriting — Not an Inflated Price Point

Most brokers will give you an inflated "opinion of value" just to win your listing. We provide a data-backed underwriting based on how buyers are actually securing debt and calculating yields today.

bottom of page