4204 Campus Ave.
Photo courtesy of Marcus & Millichap

4204 Campus Ave. Photo courtesy of Marcus & Millichap

A University Heights apartment building has been sold for $4.9 million.

Asan Properties, LLC bought the 12-unit building at 4204 Campus Ave. from Hillcrest Equity Partners, LLC.

Built in 1970 and renovated in 2019, the 7,736 square-foot building is on a 9,557 square-foot lot.

It has 10 one-bedroom, one-bathroom apartments and two two-bedroom, one-bathroom apartments.

Each apartment has stainless steel appliances, heating and air conditioning, and an in-unit laundry. Every apartment also has off-street parking.

Carson Trujillo, an investment specialist in Marcus & Millichap’s San Diego office, represented the seller and the buyer. Chad O’Connor with Marcus & Millichap’s Capital Corporation arranged financing.