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James V. Carter & Angelo La Bruna Of Apartment Realty Group Represent Buyer In National City Multifamily Sale For $4.45M

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SOLD
$4,450,000

California

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MultiFamily13,652 SF
Sold 04/07/2025
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SOLD

James V. Carter & Angelo La Bruna Of Apartment Realty Group Represent Buyer In National City Multifamily Sale For $4.45M

1809 East 17th Street

See Similar Deals
MultiFamily13,652 SF
Sold 04/07/2025
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$326
Total Square Footage:13,652 SF
Transaction Type:Sale

The multifamily asset, Sunny View Apartment Homes, is located at 1809 East 17th Street in National City. The property comprises 20 units and has a total square footage of 13,652. The sale price was $4,450,000, resulting in a price per unit of $222,500 and a price per square foot of $325.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,450,000
  • Units: 20
  • Square Footage: 13,652
  • Price Per Unit: $222,500
  • Price Per Square Foot: $325
  • Address: 1809 East 17th Street
  • Market: National City

James V. Carter and Angelo La Bruna of Apartment Realty Group, Inc represented the buyer in this transaction. They facilitated the negotiation for the sale, where the buyer intends to undertake both interior and exterior renovations. At the time of sale, there were several vacant units within the complex.

Players

Angelo La Bruna
14 deals$88.6M volume
BROKER

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

Details

SOLD
IMAGE: James V. Carter & Angelo La Bruna DATE: 04/07/2025 ADDRESS: 1809 East 17th Street MARKET: National City ASSET TYPE: Multifamily BUYER'S REP: James V. Carter (@JamesVCarter) & Angelo La Bruna (@Angelo_La_Bruna) - Apartment Realty Group (ARG) (@ApartmentRealty) SALE PRICE: $4,450,000 UNITS: 20 ~ PPU: $222,500 SF: 13,652 ~ PPSF: $325 NOTE FROM BROKER: James Carter and Angelo La Bruna of Apartment Realty Group, Inc negotiated the sale of Sunny View Apartment Homes on behalf of the buyer. This value-add apartment complex located in San Diego's South Bay submarket of National City sold for $4,450,000. The buyer plans an interior and exterior renovation, there were several vacant units at the time of the sale.

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Debt Service Coverage Ratio (DSCR)

0.94x

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