AZ1 1st Ave 4043 LP Acquires 15-Unit Multifamily In San Diego's Hillcrest For $6.05M | 4043 1st Avenue | Aaron Bove | MultiFamily | Sale

Summary

Sale

CALIFORNIA

MultiFamily

A 15-unit apartment building located at 4043 First Ave. in San Diego's Hillcrest neighborhood has recently been sold for $6,050,000. The property, facilitated by Marcus & Millichap, offers potential for value-add due to its proximity to two hospitals.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $6,050,000
Address: 4043 1st Avenue, San Diego
Market: San Diego
Buyer: AZ1 1st Ave 4043 LP
Broker: Aaron Bove - Marcus & Millichap

The sale of 4043 First Ave. was facilitated by Aaron Bove from Marcus & Millichap. This transaction highlights the potential for value-add investment in the Hillcrest neighborhood, given its close proximity to two hospitals.

Players

All
2

Agents
1
Agencies
1

Aaron Bove

Senior Vice President Investments

$38.5M Sold

Marcus & Millichap

Details

Deal Summary

SOLD

IMAGE: Aaron Bove DATE: 12/08/2023 ADDRESS: 4043 1st Avenue MARKET: San Diego ASSET TYPE: Multifamily BUYER: AZ1 1st Ave 4043 LP BROKER: Aaron Bove - Marcus & Millichap (@MarcusMillichapinc) SALE PRICE: $6,050,000 NOTE: Marcus & Millichap facilitated the sale of 4043 First Ave., a 15-unit apartment building in San Diego's Hillcrest neighborhood, for $6,050,000. The property holds potential for value-add due to its proximity to two hospitals.

View on map

Address4043 1st Avenue

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want