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May 14, 2018

19-Unit Apartment Building in University Heights Sells for $5,255,000

San Diego, Calif. (May 14, 2018) - A 19-unit University Heights apartment building, located at 4560 Florida Street in San Diego, California, has sold for $5,255,000. The building was previously owned by the Kathryn Hattox Trust. Kidder Mathews' multifamily brokers, Eric Comer, Jim Neil, and Merrick Matricardi represented the buyer, George Mazis of the Mazis Family Trust. The seller was represented by Jim Scott of Scott & Quinn Real Estate.

The apartment building, built in 1970, is a mix of 13 two-bedroom and six one-bedroom units.

The property will be managed by Altas Management Group, a local apartment management company.

About Kidder Mathews
Kidder Mathews is the largest independently owned commercial real estate firm on the West Coast, with over 700 real estate professionals and staff in 21 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews offers a complete range of brokerage, appraisal, property management, consulting, project & construction management, and debt & equity finance services for all property types. The firm performs $7 billion in transactions, manages over 50 million square feet of space, and conducts 1,500 appraisals annually. For more information, kiddermathews.com.

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