San Diego Brokerage Firm Negotiates the Sale of a Pacific Beach Apartment Complex for $3.7 Million

SAN DIEGO, CA –  An 8 Unit apartment complex located at 954 Wilbur Ave San Diego, CA 92109 in the Pacific Beach submarket has been sold for $3.7M in an all-cash transaction.  The property was built in 1950 and the unit mix consists of six (6) 2bedroom / 1bathroom units (approx 800 sf) and two (2) 1bedroom / 1bathroom units (approx 500 sf).

Gary Urtiaga, Senior Vice-President of Investments at Apartment Realty Group (ARG) negotiated the transaction and represented the seller (ARG had the exlusive listing at the time of the sale). The buyer is a San Diego-based private investor.

Apartment Realty Group (ARG) is a leading San Diego commercial real estate brokerage firm focused exclusively on the sale and finance of multifamily investment properties. We are comprised of a seasoned team of multifamily advisors with a track record of providing value-added brokerage services. Our specialized platform offers a unique blend of teamwork and experience allowing us to deliver customized investment real estate solutions.

For more information, please contact us at: (858) 837-1456 | Info@ARG1031.com | www.ApartmentRealtyGroup.com

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