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MULTIFAMILY NEWS
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National City Apartment Property Sells for $3.84 Mil

8/09/23

In a recent apartment sales comp out of San Diego County, a 16-unit multifamily property in National City sold for $3.836 mil, or $240k/unit. The property, located at 1019-1049 E Ave, consists of all one-bedroom/one-bath, 343 sf units.

The buyer was Casa Familiar LLC. Erik Anderson and Benn Vogelsang with Northmarq represented the seller in the transaction. According to Northmarq, at $699 per square foot, the sale set a record for highest price per square foot in National City.





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