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...

Vacancies Could Reach Record Levels, Topping a Recent Peak in 2017 State of the Market Video: Coronavirus Will Likely Play Havoc With Apartments Vacancies Could Reach Record Levels, Topping a Recent Peak in 2017 By John DohertyCoStar NewsMarch 25, 2020 | 02:34 P.M. Expect U.S. apartment vacancy rates to hit record highs, CoStar’s experts say. The wave of new properties scheduled to be finished up in...

  Six unit value add investment opportunity close to everything Santa Monica has to offer with an 89 WalkScore. With 110% upside and large units, this investment is ideal for an owner user or re-tenant & renovate strategy.     Eric von Bluecher Multifamily Real Estate Investments Director | KW Commercial 858-252-8082 direct eric@vonbluecher.com BRE# 01926201     SANTA MONICA 6 UNIT INVESTMENT - PERFECT OPPORTUNITY FOR OWNER USER Value add investment ideally...

29 apartment buildings sold in San Diego County totaling $106M in sales volume for July 2019. San Diego County Historic Sales Figures for Apartment Buildings 5-200 units: 29 in July15 in June22 in May30 in April12 in March San Diego County Historic Sales Volume for Apartment Buildings 5-200 units: $106M in July$54.6M in June $74M in May$102.7M in April$43M in March San Diego County...

During the Federal Reserves July 30-31 meeting, they may make a decision to lower interest rates. What does this mean for mortgage borrowers, such as those with adjustable rate loans? The borrowers with fixed rate mortgages and loans will not need to worry about an increase or missing out on a decrease since they will not be affected. In this...

JULY 03, 2019|JOSHUA OHL San Diego’s Apartment Rents Surged in Second Quarter CoStar Market Insights: Annual Rent Growth Still Lags the Long-Term Average Landlords have typically had a long runway heading into the summer leasing months, and this year was no different. As expected, rent growth in the San Diego metro area surged in the second quarter to 2%, the highest quarterly growth...

30 total apartment buildings sold in the month of April 2019 (12 in March), in San Diego County, 5 to 100 units, totaling $102,749,450 in sales volume ($43,062,700 in March).The median cap rate was 4.61% in April (March 4.38%), median GRM was 13.00 (March 12.83), median price per unit was $247,188 (March $222,728) and median price per foot was $283...

Contact

760-929-7846

evb@lee-associates.com

1900 Wright Place, Suite 200
Carlsbad, CA 92008, USA

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