Marcus & Millichap recently finalized the sale of a seven-unit apartment property located in Imperial Beach for $1,833,000. Aaron Bove, senior managing director at Marcus & Millichap’s San Diego Del Mar office arranged the transaction on behalf of a personal trust and procured La Jolla Pacific Consultants LLC as the buyer.
The asset features six two-bedroom/one-bath units and one one-bedroom/one bath unit with notable amenities such as ample onsite parking, communal laundry area and low maintenance landscaping.
This value add property is an excellent example of successful real estate investments in Imperial Beach that can provide great returns to investors.
