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11/12/18
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An eight-unit complex in the University Heights neighborhood of San Diego sold for $2.3 mil ($287.5k/unit). The buyer was San Diego-based Cardiff Coastal Properties LLC.
The 6.4k sf building is situated on a 6.7k sf lot located at 4674 Ohio St. The property is convenient to shopping, dining, schools and major freeways.
The building consists of six two-bed/one-bath units and two one-bed/one-bath units. There are eight open parking spaces. There is significant rental upside potential by making upgrades to the property.
The San Diego seller, The Veizaga Trusts was represented by Terry Moore, CCIM, of ACI. The buyer was repped by Bradley Murray.
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