Angelo La Bruna Of Apartment Realty Group Represents Seller In $3.91M Multifamily Sale In Carlsbad

The property involved in the transaction is a multifamily asset located at 3177 Lincoln Street in Carlsbad. The sale price was $3,910,000, and it comprises 6 units with a total square footage of 5,044. The price per unit stands at $651,666, while the price per square foot is $775.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,910,000
• Units: 6
• Square Feet: 5,044
• Price Per Unit: $651,666
• Price Per Square Foot: $775
• Address: 3177 Lincoln Street
• Market: Carlsbad
• Seller's Representative: Angelo La Bruna - Apartment Realty Group (ARG)

Angelo La Bruna of Apartment Realty Group represented the Seller in the sale. The transaction attracted five offers, with the contract awarded to an all-cash buyer who completed the deal in under a month. This value-add apartment complex is situated in one of San Diego's most sought-after submarkets.