The Katz Family Acquires Multifamily Property In Carlsbad, CA For $9.3M

The multifamily property located at 945 Pine Ave in Carlsbad, CA has been sold in a closed transaction. The property consists of 20 units with a total of 11,388 square feet. The sale price for this transaction was $9,300,000, resulting in a price per unit of $465,000 and a price per square foot of $817.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $9,300,000
• Address: 945 Pine Ave, Carlsbad, CA
• Units: 20
• Price per Unit: $465,000
• Total Square Feet: 11,388
• Price per Square Foot: $817

The buyer of this property was The Katz Family, represented by Conor Brennan from Marcus & Millichap. The seller was ORKA Holdings, represented by Phillip Buckley from CBRE.