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3620 Georgia Street

Dan Floit And Alex Pfeiffer Acquire Multifamily Asset From Herbert Killian For $5.65M In San Diego
SOLDMultiFamily

Dan Floit And Alex Pfeiffer Acquire Multifamily Asset From Herbert Killian For $5.65M In San Diego

3620 Georgia Street

$5,650,000

$401/SF

Building Size

14,075 SF

Asset Type

MultiFamily

Closing

Jan 8, 2026

AI

This multifamily asset located at 3620-30 Georgia Street, San Diego, CA 92103 has a sale price of $5,650,000. The property consists of 18 units with a total square footage of 14,075. The price per unit is $313,888, resulting in a price per square foot of $401. The market for this property is San Diego.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,650,000
  • Units: 18
  • Price Per Unit: $313,888
  • Total Square Footage: 14,075
  • Price Per Square Foot: $401
  • Buyer: Dan Floit & Alex Pfeiffer
  • Seller: Herbert Killian
  • Broker: Ben Sierpina - Marcus & Millichap

The transaction was facilitated by broker Ben Sierpina of Marcus & Millichap, who represented the sale of the property. This deal was completed on 01/08/2026, showcasing the involvement of both the buyers and the sellers in this multifamily transaction in the San Diego market.

Players

Ben Sierpina

Marcus & Millichap

Broker

$57.3M

vol

10 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

San Diego MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.81%

Cash-on-Cash

-0.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93