October 27, 2021 (San Diego, CA) - Lee & Associates – North San Diego County announces the sale of a 19-unit, multifamily investment property located at 3833 Jewell Street, CA for $8.075 million, or $565/SF and $425,000/Unit.

 

Eric von Bluecher, of Lee & Associates – NSDC’s Multifamily Advisory Group represented the buyer, SK 4 NATIONWIDE, L.P., and the Seller, RIVIERA JEWELL APARTMENTS, LLC

 

The 19-unit multifamily investment property, located in an A+ location of Crown Point, was well maintained by long-term ownership, and has considerable upside potential. Lee & Associates Multifamily Advisory Group professionally marketed the property, generated multiple offers and sold over asking.