Eric von Bluecher of the Lee & Associates NSDC – Multifamily Advisory Group on the sale of a 7 unit multifamily investment located in Santa Monica. Eric represented both buyer and seller. Contact for more details Eric von Bluecher 760-929-7846. ...
Eric von Bluecher and John Orlando sold a 5 units Multifamily property located in Vista. The building was comprised of all two bedroom units with opportunity to add value. #multifamilyadvisorygroup #mag #multifamily #sandiegocre #leensdc #leeassociatesnorthsd #ericvonbluecher #johnorlando ...
Eric von Bluecher of Lee & Associates, Multifamily Advisory Group - North San Diego County, a leading commercial real estate brokerage firm specializing in investment sales and advisory services, represented the Seller, Los Gavilanes LLC, in the sale of 1245 10thStreet. The 11-unit building is a well maintained, mostly stabilized multifamily investment located on 10th and Wilshire in Santa Monica. Each unit offers spacious,...
[caption id="attachment_17333" align="aligncenter" width="670"] 4429 Arizona St. Photo courtesy of Lee & Associates[/caption] A University Heights apartment building has been sold for $2.7 million. Utah Partners, LLC bought the building at 4429 Arizona St. from the Melissa Manfredi Trust. Built in 1972, the 5,852 square-foot building has nine apartments. Eric von Bluecher of Lee & Associates Multifamily Advisory Group North San Diego County represented...
[caption id="attachment_17346" align="aligncenter" width="2048"] Building at 4429 Arizona St.[/caption] A nine-unit apartment building at 4429 Arizona St. in North Park has been acquired by SL Utah Partners LLC for $2.74 million. The seller was the Melissa Manfredi Trust. Built in 1972, the building has 5,852 square feet of living area. Eric von Bluecher of Lee & Associates Multifamily Advisory Group-North San Diego...
San Diego, CA – February 11th, 2021 – Eric von Bluecher of Lee & Associates Multifamily Advisory Group - North San Diego County represented the Melissa Manfredi Trust in its sale of 9 units located at 4429 ArizonaStreet. Built in 1972, the 9 unit building consisted of 5,852 square feet of living area. The buyer, SL Utah Partners LLC, was represented by...
724 and 728 Machado Drive Photo courtesy of Lee & Associates A San Diego commercial real estate broker helped arrange the $2.6 million sale of two Venice apartment complexes. Eric von Bluecher of Lee & Associates Multifamily Advisory Group - North San Diego County represented AIMCAP Corp. in its purchase of the two buildings totaling 4,072 square feet at 724 and 728...
[caption id="attachment_17342" align="aligncenter" width="566"] 724 and 728 Machado Drive Photo courtesy of Lee & Associates[/caption] A San Diego commercial real estate broker helped arrange the $2.6 million sale of two Venice apartment complexes. Eric von Bluecher of Lee & Associates Multifamily Advisory Group - North San Diego County represented AIMCAP Corp. in its purchase of the two buildings totaling 4,072 square feet...
View Full Finalist Section: https://bit.ly/2TrjIH5 The San Diego Business Journal recognizes talented individuals people under the age of 40 in San Diego’s business world. Special Report will showcase sponsors, judges and nominee bios/photos. Winners will be announced in the November 2 edition. [button size="large" target="_blank" hover_type="default" text="View Article" link="https://www.sdbj.com/news/2020/oct/29/40-next-top-business-leaders-under-40-finalists-an/" margin="35px 0px 0px 0px"]...
653 FLOWER AVENUE VENICE 90291 Asking 1,900,000-1,800,000 & Sold for $1,500,000 Buyer Representation This classic Venice, 1920’s construction, 6 unit apartment building was on the market for approximately 3 months, listed with a local residential firm and during one of the toughest markets the real estate industry has seen, ever, amongst the COVID-19 pandemic. Through Eric’s experience in Venice, he recognized a great opportunity...
You should be able to view the June 11th Santa Monica Rent Control board meeting by clicking the link here. consideration of imposing a $32 ceiling on the 2020 annual general adjustment of 1.4% COVID-19 Eviction Moratorium May 8th the city of Santa Monica extended the emergency eviction moratorium that went into effect on March 14th and goest through June 30th. ...
Multifamily Now The pandemic changed the way we do business in multifamily investing and management. Below are key pieces of information in effort to provide something of value during a challenging climate. Stay tuned for more information and feel free to call or email with questions and comments. Thank you, Eric von Bluecher 310-900-9505 cell eric@sdmultifamily.com DRE 01926201 Leasing During A Pandemic Per CoStar, despite the rapid increase...
Multifamily Now The pandemic changed the way we do business in multifamily investing and management. Below are key pieces of information in effort to provide something of value during a challenging climate. Stay tuned for more information and feel free to call or email with questions and comments. Thank you, Eric von Bluecher 310-900-9505 cell eric@sdmultifamily.com DRE 01926201 Leasing During A Pandemic How are you leasing now? Through...
Here are a collection of links to articles I'm reading now to stay abreast of the fast changing multifamily environment during the COVID Pandemic. MHN Article - Six Feet of Separation: Apartment Communities Prepare for Life After Quarantine "It won’t be business as usual for the foreseeable future. Until there is a vaccine or a treatment, masks and social distancing will...
Yes we have Prop 10 2.0 looming in November. Yes Santa Monica has some of the worst rent control in the Nation at 1-2% increases per year. Yes Santa Monica is majority renters meaning pro renter vs pro landlord will most likely always prevail in regards to local rules and regulations. Ultimately, despite these three issues, Santa Monica offers too...
GlobeSt Article - 24% of Apartment Dwellers Were Not Able to Make Rent in April - get link here "In April, 24% of apartment renters were unable pay rent. According to a report from Apartment List, one in four renters made either a partial rent payment or no rent payment at all. Additionally, the same number of homeowners—one in four—did not...