December 1, 2021
November 2021 Lee & associates north san Diego County Newsletter
November2021-newsletterDownload ...
November 3, 2021
Crown Point Complex Sold
San Diego Business Journal
[caption id="attachment_17329" align="aligncenter" width="533"] 3833 Jewell St. Photo courtesy of Lee & Associates[/caption] A Crown Point apartment complex has been sold for nearly $8.1 million. SK 4 Nationwide, LP bought the property at 3833 Jewell St. The complex has 19 apartments. The seller was Riviera Jewell Apartments, LLC. Eric von Bluecher, of Lee & Associates North San Diego County’s Multifamily Advisory Group represented the buyer...
October 14, 2021
DRIVING THE RESIDENTIAL MARKET
The San Diego apartment market continues to be on fire with multiple offers on each appropriately priced multifamily offering. Cap rates below 4% are becoming a reality. Rents are continuing to rise, vacancies are declining, and the number of units available is shrinking. Vacancies are at 2.4%, rent growth is at 12.8% across the board where newer buildings increased in...
August 2, 2021
2021 40 Next Top Business Leaders Under 40 Awards
Eric von Bluecher selected as a 2021 40 Next Top Business Leaders Under 40 Awards, https://www.sdbj.com/2021_40_Under_40_Awards/ SDBJ_-_40_Next_Top_Business_Leader_Under_40_2021_-_Finalist_SectionDownload . ...
June 1, 2021
closing announcment – 5 unit multifamily
Closing Announcement – Eric von Bluecher of Lee & Associates Multifamily Advisory Group North SD just closed 5 units in Los Angeles representing the buyer. For more information contact Eric von Bluecher 760-929-7846 ...
June 1, 2021
Closing Announcement – 7 Unit Multifamily
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. ...
May 12, 2021
Closing Announcement – 5 units in Vista
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 ...
May 12, 2021
Closing Announcement – 11 units in Santa Monica
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,...
March 2, 2021
University Heights Apartment Building Sold
San Diego Business Journal
[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...
February 15, 2021
North Park Apartment Building Sold for $2.74 Million
SD Metro
[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...
February 12, 2021
Lee & Associates – North San Diego County Sells Multi-Family Building for Over $2.7M
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...
February 12, 2021
Lee & Associates Brokers Venice Deal
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...
February 5, 2021
Lee & Associates Brokers Venice Deal
San Diego Business Journal
[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...
October 29, 2020
40 Next Top Business Leaders Under 40 Finalists Announced
San Diego Business Journal
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"]...
July 9, 2020
Sold: 653 Flower Avenue – 6 Units in Venice
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...