2009-2013 1/2 Oliver Avenue
San Diego, CA 92109
Purchase Price:
Total Units:
Price Per Unit:
Rentable SF:
Price Per SF:
Market Cap Rate:
Market GRM:
$2,396,250
6
$399,375
5,700
$420
4.21%
15.33
Property Description
6 Units in Pacific Beach Sold for $2,396,250
A completely remodeled 6-unit apartment complex located at 2009 Oliver Ave., San Diego, CA 92109 (assessor’s parcel #424-262-02-00) has been sold for $2,396,250. The Buyer was Robert E. Zolezzi, and the Seller was 2009 Oliver Ave LLC.
The Buyer was represented by Terry Moore of ACI Apartments, Inc., and the Seller was represented by Chris Robinson, Dylan Wright, and Kenneth Herskind of ACRE Investment Real
The escrow services were provided by AnneMarie Lo Coco and title insurance by Cameron Aldrich, both of Chicago Title Company.
The apartment building was constructed in 1950 and completely remodeled in 2015, and it has approximately 5,700 total rentable square feet and 5,750 square foot lot. The apartment property is comprised of six (6) 2 bedroom / 1 bath units.
Contact Information
Chris J Robinson
MBA, Senior Vice President | Principal
Direct: 619.255.3222
Fax: 619.330.1806
Contact Information
Dylan E Wright
Senior Director
Direct: 619.255.3233
Fax: 619.330.1806
Contact Information
Kenneth Herskind
Senior Investment Associate
Direct: 619.255.7774
Fax: 619.330.1806