Updated May 12, 2025
Jose Arrellano Acquires Industrial Property At 1858 Newton Avenue San Diego From Elijah Rosenberg For $5M
1858 Newton Avenue
$5,000,000
$210/SF
Building Size
23,730 SF
Asset Type
Industrial
Closing
Feb 7, 2025
About this deal
AI
The asset involved in the transaction is an industrial property located at 1858 Newton Avenue in the San Diego market. The sale price was set at $5,000,000, covering a total square footage of 23,730 and equating to a price per square foot of $210.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,000,000
- Address: 1858 Newton Avenue
- Market: San Diego
- Square Footage: 23,730
- Price per Square Foot: $210
- Buyer: Jose Arrellano
- Seller: Elijah Rosenberg
- Broker: Jacob Plewa - Re/Max
The deal was facilitated by broker Jacob Plewa, who represented the seller, Elijah Rosenberg, in this transaction. The buyer of the property is Jose Arrellano, finalizing the sale in February 2025.
On the Map
$5,000,000
$210/SF
Industrial
View full map
Players
San Diego Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Jake Plewa to view all their deals.
Browse San Diego industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93