“Hale Real Estate Partners LLC of San Diego has purchased a 12-unit apartment property in Coronado for approximately $4.9 million, according to brokerage firm South Coast Commercial Inc. The seller of the property, at 900-914 D Ave., was John E. Hermann of Coronado. The buyer and seller
Read more →San Diego Realtor Named Top in Country One of America’s top realtors works right here in San Diego. 29-year-old Benn Vogelsang earned a spot on the prestigious list featured annually in Realtor Magazine. “I feel privileged to work in an industry I am truly passionate about and it’s
Read more →The 50 Unit Apartment Building (Glenhaven) 4 Unit Contiguous Fourplex (Hurlbut) at 8501-8549 Glenhaven Street/8562-8568 Hurlbut Street, San Diego, CA 92123 has been sold for $8.4 million. The apartment complex is comprised of five, two story structures. Each of the five structures includes eight 2 bedroom 1 bathroom
Read more →The 10-unit apartment, at 1139 E. 2nd Ave. in Escondido 92025, has been sold for $1.07 million, cash. The buyers were Roberto P. Walz and Minerva Walz, trustees of the Walz Family Trust, 9252 Chesapeake Drive, Suite 200, San Diego 92123. The sellers of the property (assessor’s
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By Lou Hirsh Monday, June 16, 2014 Barcelona Apartments in Bankers Hill (photo courtesy of South Coast Commercial Inc.) Sentre Partners Inc. of San Diego bought the 90-unit Barcelona Apartments in Bankers Hill for $15 million, according to brokerage company South Coast Commercial Inc., which represented the
Read more →Two apartment properties, totaling 69 units in Chula Vista and El Cajon, have been swapped through a 1031 exchange valued at $8.6 million. The first, or downleg, property was the 24-unit apartment at 1419 Tobias Drive in Chula Vista 92911 That property (assessor’s parcel 623-300-31) was sold
Read more →San Diego multi-family fundamentals have been steadily trending up over the last several quarters and are poised to continue their growth with recent development and increasing rents. Cap rates have held steady as vacancies have lowered and the number of projects coming on line have brightened the
Read more →The 10-unit apartment at 256-264 Del Mar Ave., Chula Vista 91910, has been sold for $915,000. The buyer was Margo Castagna, trustee of the Margo Castagna Revocable Trust, 4757 Soria Drive, San Diego 92118. The acquisition was financed with a loan of $315,000 from Kaiser Federal Bank.
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News: Regional Mark Covarrubias Aquires 51-Unit Le Chateau Apartments Mark Covarrubias with Cova Management, Inc. bought the Le Chateau Apartments from The Mar Group LLC for $4,852,558, or about $95,000 per unit. The 51-unit apartment building is located at 222 G Street in Chula Vista, CA The
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