ACI Apartments

ACI Apartments Apartment Consultants Inc. (ACI) is the most successful income property brokerage firm in San Diego county.

Since 1982, we have specialized in apartment and investment property transactions, and maintained a solid performance despite changing economic cycles. With an average of more than 140 closed escrows per year, ACI has closed more San Diego County income property escrows than any other firm in the county. We represent buyers and sellers of investment real estate, and specialize in Conventional Apar

tment Transactions, Condo Conversions, Tenant-In-Common (TIC), and Triple Net (NNN) transactions. Whether you’re new to apartment investing or an experienced investor looking to upgrade your portfolio, ACI is the right choice to achieve your long-term investment goals. Follow us on Twitter () and our blog (aciapartments.com/blog) for updated property information.

UNDER CONTRACTOur 12-unit listing at 2959 54th Street is now under contract.We post a lot about our sold and under contr...
05/29/2026

UNDER CONTRACT

Our 12-unit listing at 2959 54th Street is now under contract.

We post a lot about our sold and under contract listings because they show what is actually moving in today’s market.

But this one also made us take a closer look at the rest of the active multifamily inventory across San Diego County.

The takeaway?

Buyer demand is still there, but buyers are being selective.

In the 5+ unit market, many listings are sitting longer, especially when pricing does not line up with income, financing, vacancy, parking, and today’s underwriting standards. https://aciapartments.com/what-is-currently-on-the-market-san-diego-5-unit-multifamily-active-inventory-update/

In the 2–4 unit market, activity is still stronger because of residential financing, owner-user demand, ADU potential, and a broader buyer pool. https://aciapartments.com/what-is-currently-on-the-market-san-diego-2-4-unit-active-inventory-update/

We broke both markets down by ZIP code, days on market, cap rate, GRM, price per unit, parking, vacancy, and where inventory is sitting the longest.

Just Closed | 4585 Felton Street7 Units | Normal Heights | $2,350,000Grateful to share the closing of 4585 Felton Street...
05/27/2026

Just Closed | 4585 Felton Street
7 Units | Normal Heights | $2,350,000

Grateful to share the closing of 4585 Felton Street, a 7-unit multifamily property in Normal Heights.

In today’s market, pricing and positioning matter. This sale closed approximately $57,000 per unit above the 6-month average for 5–15 unit sales in the Wine Glass Corridor and $23,109 per unit above the 1-year average for 5–25 unit sales across 92116.

This result came from clear financials, strong positioning, consistent follow-up, and a buyer who understood the long-term value of the asset.

Thank you to our clients for trusting the process, to Scott Edelstein for bringing a great buyer, and to and the team at for keeping the transaction moving.

Considering selling an apartment building? Let’s take a data-backed look at your property’s position in today’s market.

Another great time supporting the McAlister Institute's annual Miracles of Recovery luncheon, where ACI member and part ...
05/23/2026

Another great time supporting the McAlister Institute's annual Miracles of Recovery luncheon, where ACI member and part owner Dave Savage is on the board.

We are thrilled to support an organization that creates so much lasting change in people's lives!

San Diego Measure A may not be just a “vacation home” issue.If passed in June 2026, the local empty homes tax could appl...
05/22/2026

San Diego Measure A may not be just a “vacation home” issue.

If passed in June 2026, the local empty homes tax could apply to certain non-primary residences vacant for more than 182 days per year.

For multifamily owners, the concern is extended vacancy, not fully leased buildings.

Current San Diego multifamily inventory:

5+ units:
• 41% at/over 100 DOM
• 24% over the 183-day threshold

2–4 units:
• 17% at/over 100 DOM
• 5% over the 183-day threshold

Pricing, vacancy strategy, and pre-sale positioning matter.

Read the full blog HERE: https://aciapartments.com/san-diego-measure-a-what-the-proposed-empty-homes-tax-could-mean-for-multifamily-owners/

05/18/2026

Getting FOMO from the upcoming Padres vs Dodgers Games? Don't miss the next series in June!

ACI Apartments presents a Padres vs. Dodgers Giveaway

We’re giving away 2 free tickets to one of the biggest matchups of the season:

San Diego Padres vs. Los Angeles Dodgers
Friday, June 26, 2026
6:40 PM at Petco Park

At ACI Apartments, San Diego is more than just the market we serve. It’s the community we’ve been part of since 1982. As a female-owned and veteran-operated multifamily brokerage, we’re excited to give back with a chance to enjoy one of the best rivalries in baseball.

Click here for two ways to enter! https://aciapartments.com/giveaway/

Good luck, and go Padres!

NEW BLOG and DM "Coastal Report" for the full breakdown!After San Diego’s recent supply wave, the coastal market tells a...
05/13/2026

NEW BLOG and DM "Coastal Report" for the full breakdown!

After San Diego’s recent supply wave, the coastal market tells a different story.
The Central Coast delivered 445 units over the past 8 quarters, but only 75 units are expected over the next 8 quarters, with just 14 units proposed.

That limited pipeline is a major reason coastal multifamily continues to behave differently than the broader market.

But coastal is still not one market.
Location, walkability, asset quality, and pricing are creating clear separation between properties that move and properties that sit.

We broke it down in our latest blog.
Read the post, and DM me “Coastal Report” if you want the full CoStar-backed report.

Just closed in North Park.4156–62 Swift Ave | 4 Units5.82% Cap | $500,000/Unit | 13.18 GRMThis sale represents one of th...
05/08/2026

Just closed in North Park.
4156–62 Swift Ave | 4 Units
5.82% Cap | $500,000/Unit | 13.18 GRM

This sale represents one of the strongest price per unit trades in the corridor between the 805 and 15, paired with the highest gross scheduled income for active comparables on the market.

A smooth transaction from start to finish, and one that ultimately came down to agent cooperation and strong, consistent communication on both sides to get it across the finish line.

The seller originally acquired the property using a VA home loan which is a strategy we continue to believe is one of the most powerful entry points into multifamily ownership for veterans who may not understand their purchasing power in the San Diego market.

Also, a big shoutout to the team at ACI Apartments. Listing a property is just the first step and what matters is how it’s positioned and kept in front of the market. This campaign stayed active through Google Ads, premium LoopNet exposure, social advertising, targeted email/calling/mailer campaigns, and custom SEO landing pages, ensuring the property was consistently in front of the right buyers when timing aligned.

Thinking of selling?
Learn more: https://aciapartments.com/sell-your-apartment-building/

SOLD! This listing set a new benchmark in 92104, trading at 34% above the 2026 average and over $100K per door above the...
05/01/2026

SOLD! This listing set a new benchmark in 92104, trading at 34% above the 2026 average and over $100K per door above the 5-year average. (5+ units)

Just Closed | 4084 Oregon St | North Park

7 Units
Sold at full list price
$457,143 per door
Local 1031 exchange buyer
Multiple offers generated

Huge recognition to Ricardo Lopez for leading this transaction and delivering a strong result in today’s market.

This sale is a reminder that premium pricing is still achievable when the right asset is paired with the right strategy, buyer pool, positioning and brokerage.

At ACI Apartments, we don’t just list properties—we invest in every assignment through targeted marketing, buyer outreach, and data-driven ex*****on to drive competition and maximize value.

Yours could be next. Contact Ricardo Lopez today! 619-736-0201

11 Units Under Contract 🔵7 Units in Normal Heights4 Units in North ParkThat’s 11 units now in escrow.In today’s market, ...
04/24/2026

11 Units Under Contract 🔵

7 Units in Normal Heights
4 Units in North Park

That’s 11 units now in escrow.

In today’s market, deals aren’t happening by chance.

The properties that are trading are the ones that are:
• Priced in line with today’s financing reality
• Backed by lenders who understand multifamily
• Positioned with a clear strategy from day one

A big part of getting deals into escrow right now is collaboration. Qorking alongside agents who specialize in multifamily and know how to navigate the moving pieces.

This is not a set-it-and-forget-it market.

It takes coordination. It takes strategy. And it takes the right team.

Curious what your property would trade for in today’s market?
We’re always here as a resource.

Address

7946 Ivanhoe Avenue #300-B
San Diego, CA
92037

Telephone

(619) 299-3000

Website

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