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California  + San Diego  + Apartments  |  November 3, 2022
Marcus & Millichap Arranges $3.2M Imperial Beach Apartment Sale
Mark Nieto
By: Mark Nieto

Marcus & Millichap Arranges $3.2M Imperial Beach Apartment Sale

Commercial real estate brokerage firm Marcus & Millichap has arranged the sale of 856 Calla Avenue, a 10-unit multifamily property in the San Diego County city of Imperial Beach, CA. Southport Properties, L.P. purchased the property from Calla Condos LLC in a $3.2 million, all-cash transaction.

Connor Stolle and Carson Trujillo in Marcus & Millichap’s Downtown San Diego office, had the exclusive listing to market the community on behalf of the seller. “This property received multiple competing offers and closed escrow in 25 days,” shared Trujillo in a news release.

Constructed in 1968 and renovated in 2007, 856 Calla Avenue is comprised of 2 three-bedroom units and eight one-bedroom residences. Tenants enjoy access to in-unit laundry, private balconies and 11 off-street parking spaces. Located in the Dolphin Bay neighborhood, the complex offers easy access to Interstate 5, and is just 15 minutes south of downtown San Diego.

Read More News Stories About: Marcus & Millichap
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Marcus & Millichap's Carson Trujillo

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.
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