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JUST SOLD! Investment/Development Property in North Park


Pacific Coast Commercial is thrilled to announce the successful sale of 3450 El Cajon Blvd, a prime development property located in the heart of North Park. The property was sold as a fully entitled 28-unit project featuring 27 residential units and 1 commercial unit, on a 4,500 square foot lot.


Martin Alfaro, representing Pacific Coast Commercial, commented, "We are delighted to have facilitated the sale of this exceptional development opportunity. The property's fully entitled status and its strategic location within the vibrant community of North Park made it a highly sought-after asset in the market."


The sale of 3450 El Cajon Blvd underscores Pacific Coast Commercial's commitment to delivering outstanding results for clients in the commercial real estate sector.


For more information about Pacific Coast Commercial and its services, please visit www.pacificcoastcommercial.com or contact Martin Alfaro at (858) 345-1234.


PROPERTY ADDRESS

Address: 3450 El Cajon Blvd, San Diego, CA 92104

APN: 447-162-14-00


REPRESENTATION

Seller Representation:

Company Name: Pacific Coast Commercial

Broker Rep: Martin F. Alfaro, Vince Provenzano, Connor Kenworthy

Buyer Representation:

Company Name: Marcus and Millichap

Broker Rep: Aziz Zahhout


SALE DETAILS

Property Type: Development project

Square Footage: 2,400

Sale Price: 1,820,000

Close of Escrow Date: June 21, 2024

Seller Name: Schoen Ventures

Buyer Name:3450 El Cajon Blvd LLC

Escrow Company: Granite Escrow services

Title Company: Ticor Title

Financing: Seller Financing at 50%



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