The Fizzard Family Trust Acquires Multifamily Property In San Diego For $4.2M

An apartment property located at 4127 Idaho Street in San Diego was recently sold for $4.2 million. The property consists of 10 units with a total square footage of 5,638. The buyer, The Fizzard Family Trust, acquired this multifamily asset from the seller, Idaho 4127 Fund LLC. The transaction was facilitated by brokers Aaron Bove and Casper Rooney from Marcus & Millichap.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,200,000
• Units: 10
• Price Per Unit: $420,000
• Square Footage: 5,638
• Price Per Square Foot: $745
• Address: 4127 Idaho Street
• Market: San Diego

Marcus & Millichap represented The Fizzard Family Trust as the buyers in this transaction. The property features a mix of one-bedroom and two-bedroom units, with eight one-bedroom units and two two-bedroom units. The sale of this 10-unit apartment property underscores the robust demand for quality rental housing in the San Diego market.