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DMJ Partners Picks Up Pacific Beach MF
San Diego-based DMJ Partners acquired a value-add multi-family project in San Diego consisting of five buildings with 12 units for $5.5 million. The property is located at 3929-3933 Gresham St. and 3958-3966 Riviera Dr. in the Crown Point neighborhood of Pacific Beach, just one block from Mission Bay.
The project was built in 1977, and is comprised of houses, townhomes and one and two-bedroom apartments. The units offer open floor plans with fireplaces, some water views, private garages and patios with significant onsite parking. DMJ Partners plans to complete significant renovations to the interior and exterior of the project.
Ascent Real Estate’s Katie Herrick represented DMJ Partners in the transaction. Dunn, Realtors/Park Pacific Properties’ Patrick J. Park represented the unnamed seller.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition




