David Sedillo Acquires San Diego Multifamily At 1707 Chalcedony Street For $6.35M

The transaction involved a multifamily property located at 1707 Chalcedony Street in the San Diego market. The property sold for $6,350,000 and consists of 16 units, with a price per unit of $396,875. The total square footage of the asset is 11,888, resulting in a price per square foot of $534.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,350,000
• Units: 16
• Price Per Unit: $396,875
• Square Footage: 11,888
• Price Per Square Foot: $534
• Buyer: David Sedillo
• Seller: Victor Laruccia
• Buyer's Representative: Abe Peay & Jeff Diller - South Coast Commercial

Abe Peay and Jeff Diller represented the buyer, David Sedillo, in this transaction, while Victor Laruccia acted as the seller. The deal reflects the efforts of the involved parties in negotiating the sale of the multifamily asset.