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San Diego Apartments Find Buyer Quickly
Marcus & Millichap closed the sale of 1320 Felspar Street, a seven-unit apartment property located in the Pacific Beach neighborhood of San Diego. The asset sold for $4,185,000.
Carson Trujillo, first VP of multifamily investments in Marcus & Millichap’s Downtown San Diego office, marketed the property on behalf of the seller, KHC Partners LLC. The buyer was procured by Anelia Genchev with Century 21 Affiliated.
1320 Felspar St. is comprised of one three-bedroom/two-bath unit, two two-bedroom/one-bath units and four one-bedroom/one-bath units. In 2022, the units were turned over with various updates to the interiors. Trujillo recommended and handled exterior upgrades to the property to prepare the asset for market. This lead to a quick escrow and closing
- ◦Sale/Acquisition




