Marcus & Millichap Arranges the Sale of a Six-Unit Apartment Building Located in San Diego

SAN DIEGO, July 8, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a six-unit apartment property located in San Diego, California. The asset sold for $1,900,000.

“This high cash-flowing property is a turn-key opportunity for the buyer, featuring upgraded amenities that redefine the essence of urban living, ” shared Aaron Bove, senior managing director investments in Marcus & Millichap’s San Diego Del Mar office. Bove had the exclusive listing to market the property on behalf of the seller, Polak Properties LLC.

The property is located at 2030 Kearney Avenue in San Diego, California. The residence features a mix of four charming one-bedroom, one-bath units, and two spacious two-bedroom, one-bath units, embracing contemporary design.

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About Marcus & Millichap, Inc. (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2023, the company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.