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David Sedillo Acquires Multifamily Property From Kathleen Sundstrom In San Diego For $2.8M

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SOLD
$2,800,000

California

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MultiFamily3,312 SF
Sold 12/01/2025
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Property Image
SOLD

David Sedillo Acquires Multifamily Property From Kathleen Sundstrom In San Diego For $2.8M

818 24 Felspar St San Diego, Ca 92109

See Similar Deals
MultiFamily3,312 SF
Sold 12/01/2025
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$845
Total Square Footage:3,312 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 818-24 Felspar St, situated in the San Diego market. The property consists of 4 units and has a total square footage of 3,312. It was sold for a transaction price of $2,800,000, resulting in a price per unit of $700,000 and a price per square foot of $845.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,800,000
  • Units: 4
  • Square Footage: 3,312
  • Price Per Unit: $700,000
  • Price Per Square Foot: $845
  • Buyer: David Sedillo
  • Seller: Kathleen Sundstrom
  • Broker: Abe Peay - BridgePoint Realty Inc

The key individuals involved in the transaction include David Sedillo, who is the buyer, and Kathleen Sundstrom, the seller. The deal was facilitated by broker Abe Peay, who represents the buyer in this transaction, providing the necessary expertise and support throughout the process.

Players

Abe Peay
7 deals$41.2M volume(858) 284-0371
BROKER

Details

SOLD
IMAGE: Abe Peay DATE: 12/01/2025 ADDRESS: 818-24 Felspar St MARKET: San Diego ASSET TYPE: Multifamily BUYER: David Sedillo SELLER: Kathleen Sundstrom BROKER: Abe Peay - BridgePoint Realty Inc (@BridgePointRealtyInc) SALE PRICE: $2,800,000 UNITS: 4 ~ PPU: $700,000 SF: 3,312 ~ PPSF: $845

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$9,947.82
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