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Thursday, Mar 28, 2024
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Pacific Beach Apartments Sold for $2M

A Pacific Beach apartment complex has been sold for $2 million.

The five-unit complex at 853 Felspar St., is comprised of two two-bedroom, one-bathroom apartments of about 1,000 square feet each, and three one-bedroom, one-bathroom apartments of about 800 square feet each.

It also has four one-car garages.

The buyer was Peterson Trust of La Jolla.

The seller was Jose Pacheco Revocable Trust of Nevada.

Doug Taber, senior vice president of Apartment Realty Group represented the buyer and seller.

Kristy Blair of Chase Bank provided financing.

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