Member Press Release

Pacific Coast Commercial/TCN Worldwide in San Diego Sold Two Multi-Family Buildings, Totaling 29 Units, for $5,075,000

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 

REPRESENTATION: 

Seller & Buyer Representation: Dave Dilday, Director, Land and Investment Sales & Ken Robak, Vice President of Brokerage 

Company Rep: Pacific Coast Commercial 

SALE DETAILS:

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