Pacific Coast Commercial is pleased to announce the sale of two multi-family buildings totaling 29 units in the Cortez Hill neighborhood of San Diego. The properties sold for $5,075,000. Dave Dilday and Ken Robak of Pacific Coast Commercial represented both the Buyer and Seller in the transaction.
“These two iconic buildings built in the early 1900’s are a great representation of the eclectic Cortez Hill Neighborhood. The two buildings represent a great value-add opportunity for a highly respected long time San Diego developer/investor, H.G. Fenton,” stated Dave Dilday of Pacific Coast Commercial.
Additional Property Information:
Address: 1555 & 1571 8th Avenue, San Diego, CA 92101
Seller & Buyer Representation: Dave Dilday, Director, Land and Investment Sales & Ken Robak, Vice President of Brokerage
Company Rep: Pacific Coast Commercial
Property Type: Cortez Hill Multi-Family Property Totaling 29 Units
Square Footage: Approx. 10,270 SF
Sale Price: $5,075,000
Close of Escrow Date: 2/17/2021
Seller Name: Astor Apartments L.P.
Buyer Name: H.G. Fenton