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
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