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San Diego Multifamily
San Diego Apartment Broker for 2–50 Unit Properties
Arby Eivazian | DRE# 01948830 | South Coast Commercial
Sell your apartment building with a data-driven strategy, targeted buyer outreach, and pricing aligned with how investors are actually buying today.
Trusted by San Diego apartment owners for valuations, 1031 exchange strategy, and multifamily sales execution.
Featured In
Since 2014
Why San Diego Apartment Owners Hire Me
I'm Arby Eivazian. I sell San Diego apartment buildings — exclusively 2 to 50 unit multifamily, exclusively in San Diego County. I've been doing it since 2014, and I've closed over $150 million in transactions. I don't sell houses. I don't sell office buildings. I sell apartment buildings, and the results speak for themselves.
Verifiable Track Record
30+ closed sales from $400K duplexes to a $54.1M 234-unit institutional off-market close. Every deal documented.
Pure Specialization
Apartment buildings only — not houses, not office, not retail. I live in the multifamily underwriting world every day.
Off-Market Network
Private buyer network of 1031 exchange buyers, institutions, and investors — most never look at LoopNet.
$150M+
Closed
Since 2014
Experience
2–50
Unit Focus
12+
Years Experience
Selling an apartment building in San Diego requires more than just listing the property. Pricing strategy, buyer targeting, and market timing directly impact the final outcome.
A specialized San Diego apartment broker helps owners accurately value their property, position it to the right buyers, and navigate negotiations to maximize price and terms.
What Does a San Diego Apartment Broker Do?
A San Diego apartment broker specializes in the sale of multifamily properties, typically 2–50 unit apartment buildings. Unlike residential agents or general commercial brokers, a true multifamily specialist focuses on:
Pricing based on income, cap rates, and buyer demand
Identifying qualified private and 1031 exchange buyers
Positioning the property to highlight income and upside potential
Negotiating pricing, terms, and contingencies
Managing escrow, due diligence, and closing
partment sales are driven by how buyers underwrite income, financing, and risk in the current market—not just comparable sales. For full market data, see the San Diego Apartment Market Report.
How to Choose the Right Apartment Broker
When selecting a San Diego apartment broker, consider:
Experience specifically with apartment buildings
Understanding of current buyer underwriting and market conditions
Access to active investors and 1031 exchange buyers
Ability to accurately price property based on real-time data
Strategy for marketing (public vs controlled exposure)
Choosing the wrong broker often results in lost time, reduced pricing, and failed escrows.
When San Diego Apartment Owners Typically Consider Selling
Long-term owners looking to cash out or reduce management responsibility
Owners with a step-up in tax basis evaluating a tax-efficient exit
Investors preparing for a 1031 exchange into larger or passive assets
Developers completing projects and planning their exit
Newly inherited property owners evaluating whether to sell or reposition
Investors looking to trade up into larger properties
Each scenario requires a different pricing strategy, buyer pool, and execution plan.
Selling Apartment Buildings Others Couldn't
Arby Eivazian is a San Diego apartment broker specializing in 2–50 unit multifamily properties, with over $150 million in closed transactions.
Data-driven pricing based on real buyer behavior
Targeted buyer outreach through verified investor networks
Deal-specific strategy tailored to each property's story
Every sale is backed by South Coast Commercial and CORFAC International, providing access to both local and national multifamily buyers. See recent apartment sales for examples.
Common Mistakes Apartment Owners Make When Selling
Choosing the Broker with the Highest Valuation
Many sellers choose the broker who gives the highest price estimate. In the industry, this is often called "buying the listing."
If a property is worth $4.6M but is presented as $5M+, buyers will ignore it entirely. The property sits, becomes stale, and ultimately sells for less than it could have with proper pricing.
Accurate valuation is the most important step in the entire process.
Hiring a Non-Specialized Broker
Apartment buildings are valued based on income, not comparable home sales. Working with a residential or general commercial agent often leads to incorrect pricing, weak buyer targeting, and missed opportunities.
Blasting a Property Publicly When It Should Be Controlled
Not every property should be widely marketed. Some assets benefit from targeted private outreach, controlled exposure to qualified buyers, and reduced tenant disruption. The wrong exposure strategy can reduce perceived value.
Not Understanding How Buyers Underwrite Deals Today
Buyer behavior shifts based on interest rates, rent growth, expense increases, and lending conditions. We are currently in a cap rate expansion environment where buyers are more focused on real income than projected upside.
How Apartment Buildings Are Valued in San Diego
Apartment buildings are typically valued using:
Cap rate
Gross income multiplier (GRM)
Price per unit
Price per square foot
Rental upside and repositioning potential
Accurate pricing requires current closed sales, pending transactions, active listings, and real buyer demand. In many cases, additional investigation is required to uncover deal details not yet visible in public comps. This leads to more accurate pricing and stronger outcomes for sellers. See current San Diego apartment cap rates and pricing trends.
For 2-4 unit properties, see the dedicated 2–4 Unit Market Report.
Our Process for Selling Apartment Buildings
1
Initial Consultation
Understand seller goals, timing, and strategy.
2
Property Underwriting
Analyze income, expenses, and market comps using real-time data.
3
Pricing Strategy
Recommend pricing based on current market conditions and buyer demand.
4
Exposure Strategy
Decide: public listing or controlled/off-market approach.
5
Offering Memorandum
Create professional marketing materials with clear investment narrative.
6
Targeted Buyer Outreach
Direct outreach to qualified buyers, including 1031 exchange investors.
7
Offer Management
Evaluate offers, negotiate price and terms, identify the strongest buyer.
8
Expectation Alignment
Set clear timelines and expectations before escrow begins.
9
Escrow Management
Proactively handle inspections, financing, and due diligence.
10
Closing & Next Steps
Coordinate closing and assist with reinvestment or 1031 exchange.
Typical Timeline:
Week 1–2: underwriting and pricing · Week 2–4: marketing and buyer outreach · 30–60 days: offers and negotiation · 60–120 days: escrow and closing
Why Sellers Choose Arby Eivazian
Personal investor database (5,000+ contacts)
South Coast Commercial network
CORFAC International network
Private 1031 exchange buyers
Data-Driven Pricing Based on Real Buyer Behavior
Properties are underwritten using active listings, pending deals, and recent sales—not outdated comps.
Specialized in 2–50 Unit Apartment Buildings
Focused exclusively on multifamily properties, allowing for deeper market knowledge and more precise positioning.
Strategic Deal Positioning
Every property is marketed with a specific narrative tailored to income performance, value-add opportunities, and ADU or development potential.
Owner-Operator Experience
Hands-on experience owning, renovating, and managing multifamily properties provides real-world insight into how buyers evaluate deals.
Controlled and Proactive Process
Sales are managed to minimize tenant disruption, reduce surprises, and ensure smoother escrows through proactive coordination. See recent apartment sales for examples.
Client Testimonials
What Are Clients Saying About Arby
Client Testimonials
What Are Clients Saying About Arby
How Apartment Brokers Are Paid
Apartment brokers are typically compensated through a commission based on the final sale price, agreed upon before listing.
More important than commission is net outcome. Pricing strategy, buyer targeting, and negotiation often have a greater impact on final proceeds than fee differences.
Questions to Ask Before Hiring an Apartment Broker
How are you determining my property's value?
What comparable sales are you using?
How many active buyers do you currently have?
What is your strategy if the property does not receive offers in 30 days?
Should this property be marketed publicly or off-market?
The answers to these questions will quickly reveal whether a broker understands the multifamily market.
San Diego Apartment Broker — Frequently Asked Questions
How much experience does Arby Eivazian have selling apartment buildings?
Arby Eivazian has been selling San Diego apartment buildings since 2014 — over 12 years of experience exclusively in 2–50 unit multifamily. He has closed $150M+ in transactions across every major San Diego submarket, including a 234-unit institutional off-market sale and 30+ apartment transactions. He operates under DRE #01948830 at South Coast Commercial.
What types of apartment buildings does Arby Eivazian sell?
Arby specializes exclusively in 2–50 unit multifamily properties across San Diego County — duplexes, triplexes, fourplexes, and larger apartment buildings up to 50 units. He does not sell single-family homes, condos, office buildings, retail, or industrial properties. His entire focus is on apartment building sales, which means he understands the underwriting, buyer behavior, and market dynamics specific to this asset class.
How do I contact Arby Eivazian about selling my San Diego apartment building?
You can reach Arby Eivazian at South Coast Commercial by phone at 619-990-4436 or email at eivazian@scc1031.com. The office is located at 3405 Kenyon St #411, San Diego, CA 92110. DRE #01948830. He offers free, confidential property valuations with a 48-hour turnaround and no obligation.
Does Arby Eivazian sell off-market apartment buildings?
Yes. Arby Eivazian maintains an active off-market buyer network of 1031 exchange buyers, institutional capital, and private investors who acquire San Diego apartment buildings without public listing. His largest transaction — the Alpine Portfolio at $54.1M (234 units) — was sold entirely off-market through this network after a national brokerage failed to close it publicly. Off-market sales provide discretion, reduce tenant disruption, and often result in stronger pricing when the buyer pool is properly targeted.
What Is Your Apartment Building Worth?
Get a confidential, data-backed valuation based on current San Diego market conditions, buyer demand, and real comparable sales.
Based on real comps, pending deals, and active listings
Includes cap rate, price per unit, and GRM analysis
Delivered within 48 hours
Used by sellers before listing to validate pricing and strategy