Multi-Unit Hillcrest Building Near UCSD Medical Center Sells for $6 Million ...Middle East

Times of San Diego - News
Multi-Unit Hillcrest Building Near UCSD Medical Center Sells for $6 Million
4043 1st Ave. Photo credit: Google Street View A 15-unit apartment property in Hillcrest has been sold for $6.05 million, according to a real estate brokerage. “This property holds incredible value-add potential,” said Aaron Bove, senior managing director investments in Marcus & Millichap’s San Diego Del Mar office, adding that two hospitals are within walking distance, Bove represented the seller, a trust and also secured the buyer, a limited partnership. The property, 4043 1st Ave., has “condo-quality standards,” according to the broker and includes six one-bedroom/one-bath units and nine two-bedroom/two-bath units. Marcus & Millichap (NYSE: MMI) is a commercial real estat

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