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Depends on what you are looking for really. Rental stock (excluding single family homes of course) in San Diego can be loosely described as either smaller 6-20 unit block apartments in the older parts of the city or larger 'resort-style' complexes in suburbs which may have hundreds of units. SD is mostly an SFH city, generally apartments are concentrated at the entrance to an SFH neighborhood or on main roads at the perimeter.
San Diego had a condo-conversion boom a few years ago and a lot of the 6-pack apartments turned into condos, especially in the core of the city. Some are going back to Apartments. There is a lot of new megaplex rental construction in the UTC, Scripps Ranch, and Mission Valley area and I think those areas they may be overbuilt.
Obviously the beaches will always fetch the highest rents but also have the most inflated property values. You will have to go down-market to find things that cashflow.
The area where I live (Talmadge / El Cerrito / College / Rolando / Western La Mesa) has a lot of low-end rental property that is getting slowly fixed up to be rented to SDSU students. SDSU has massive expansion plans and no housing to support it. College Avenue, Acorn Street, and various side-streets off of El Cajon Boulevard and College are good places to look. There is a large complex going in on 63rd and El Cajon that was supposed to be condos, but now I hear will be market-rate rentals. The entire area is slated for redevelopment but things are moving slowly.
Grantville/Allied Gardens is another area with a redevelopment plan, good access to SDSU, and low-end rental adjacent to a nice SFH neighborhood.
Another area to look at would be someplace like Normal Heights or North Park which is gentifying rapidly although I don't know how good the cashflow can be given the high prices in the area.
I think the ideal situation for you would be to find a condo-converter dumping a partially converted building.
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