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MULTIFAMILY NEWS
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San Diego Apartment Comp Goes for $254k/Unit

10/31/16

A San Diego-based private investor paid $2.8 mil for an 11-unit ($254k/unit) residential property in San Diego. The property is located at 3087 A St, in the city’s Golden Hill submarket.

The unit mix consists of three two-bedroom/1.5-bath units, one two-bedroom/two-2bath unit and seven one-bedroom/one-bath units. Parking consists of six double-car enclosed garages. Conveniently located just minutes east of Downtown San Diego and adjacent to Balboa Park, tenants enjoy the walkability of Golden Hill with easy access to local services, shopping and community parks.

James Carter and Doug Taber of Apartment Realty Group represented the seller in the deal. The buyer was repped by ACI’s Chris Siedenburg





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