Pace Properties & 4384 Mississippi St LLC Acquires San Diego Multifamily For $8.5M

A multifamily property located at 4128 Texas St., 3833 Front St., 3837 1st Ave, 4456; 4462 30th St. ; 4128 Texas St in San Diego has been sold in a recent transaction. The property consists of 28 units and was sold for a total price of $8,500,000, resulting in an average price per unit of $303,571.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,500,000
• Units: 28
• Price Per Unit: $303,571

The buyers involved in this transaction are Pace Properties and 4384 Mississippi St LLC. The sale was facilitated by brokers Kip Malo, Chris Collins, Darcy Miramontes, and Jack Piegza from JLL Capital Markets.