Real Estate
Renovated 9-Unit Apartment Building In North Park Sells For $3.78 Million
The property, at 4576 Idaho St., sold for full asking price.
November 15, 2021
A nine-unit residential property in North Park has been sold for $3.78 million, brokerage officials announced.
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Carson Trujillo, a first vice president in the downtown San Diego office of Marcus & Millichap (NYSE: MMI), represented the seller, Vaerus Idaho LLC. He also represented the buyer, H & H Holdings and Investments LLC, along with colleague Connor Stolle.
According to Trujillo, the property, at 4576 Idaho St., sold for full asking price.
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The renovated building is comprised of three two-bedroom/1-bathroom units and six one-bedroom/one-bathroom units. Exterior renovations include a contemporary front facade with redwood siding, electrical upgrades, plumbing improvements, new concrete and more.
The interiors were remodeled with wood laminate flooring and redesigned kitchens and bathrooms.
Marcus & Millichap is a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services.
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