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Investor Sells San Diego Apartment Building for Nearly $8.4 Million

Local Owner Buys 20 Units on Third Avenue
The apartments were built in 1988 on a quarter-acre lot in the Hillcrest multifamily market of San Diego County. (CoStar)
The apartments were built in 1988 on a quarter-acre lot in the Hillcrest multifamily market of San Diego County. (CoStar)
By Wes Hudgins
CoStar Research
November 16, 2022 | 4:24 P.M.

Local private investors have traded the 20-unit apartment building known as the Third Avenue Townhouse in San Diego, California, for roughly $8.38 million, or almost $419,000 per unit.

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