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Local San Diego Investor Acquires Hillcrest Multifamily Complex For $2.95M Represented By ARG

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SOLD
$2,950,000
James V. Carter
Angelo La Bruna

California

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MultiFamily6,784 SF
Sold 01/21/2025
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SOLD

Local San Diego Investor Acquires Hillcrest Multifamily Complex For $2.95M Represented By ARG

3750 4th Avenue

See Similar Deals
MultiFamily6,784 SF
Sold 01/21/2025
James V. Carter
Angelo La Bruna
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$434
Total Square Footage:6,784 SF
Transaction Type:Sale

This multifamily property located at 3750 4th Avenue in San Diego features a total of 6 units, encompassing a square footage of 6,784. The property was sold for a total price of $2,950,000, which equates to approximately $491,666 per unit and $434 per square foot. The apartment complex is well-maintained and situated in a prime area near transit, shops, cafes, Balboa Park, Little Italy, and Mission Hills.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,950,000
  • Units: 6
  • PPU: $491,666
  • SF: 6,784
  • PPSF: $434
  • Address: 3750 4th Avenue
  • Market: San Diego

James V. Carter and Angelo La Bruna of Apartment Realty Group, Inc represented both parties in this transaction. The sale involved local San Diego investors executing a 1031 exchange.

Players

Angelo La Bruna
Apartment Realty Group (ARG)
Angelo La Bruna
14 deals$88.6M volume
BROKER
James V. Carter
Apartment Realty Group (ARG)
James V. Carter
12 deals$60M volume(619) 784-1031
BROKER

Details

SOLD
IMAGE: James V. Carter & Angelo La Bruna DATE: 01/21/2025 ADDRESS: 3750 4th Avenue MARKET: San Diego ASSET TYPE: Multifamily BROKERS: James V. Carter (@JamesvCarter) & Angelo La Bruna (@Angelo_La_Bruna) - Apartment Realty Group (ARG) (@ApartmentRealty) SALE PRICE: $2,950,000 UNITS: 6 ~ PPU: $491,666 SF: 6,784 ~ PPSF: $434 NOTE FROM BROKER: This Hillcrest, 6 Unit apartment complex is an extremely well-maintained property that sold for $2,950,000 to a local San Diego investor. Located in one of San Diego's most desirable neighborhoods, this property is within close proximity to transit, shops, cafes and is situated adjacent to Balboa Park, Little Italy and Mission Hills. James Carter and Angelo La Bruna of Apartment Realty Group, Inc represented both parties in the transaction who were both executing a 1031 exchange.

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