RECENT NEWS

La Mesa, San Diego, CA (April 17, 2025) — Commercial Asset Advisors (CAA) is proud to announce the successful closing of a 20-unit multifamily property on April 10, 2025 located at 7025 Boulevard Drive, La Mesa, CA 91941 for $4,100,000 , equating to $205,000 per unit. This two-story, value-add apartment complex totals approximately 12,000 square feet of livable space and features a diverse 20-unit mix: (8) two-bedroom / one-bath units (8) one-bedroom / one-bath units (4) s

S. Kensington, San Diego, CA (March 11, 2025) – Commercial Asset Advisors (CAA) is pleased to announce the sale of 4342 Marlborough Ave., San Diego 92105 , a 9-unit, fully renovated multifamily property in South Kensington. The 5,850 SF turnkey asset, offering strong rental upside, sold on February 14, 2025 , for $3,000,000 . Highlights: Price Per Unit: $333,333 In-Place Cap Rate: 4.75% Proforma Cap Rate: 5.53% Unit Mix: (2) Studios (3) 1 Bed / 1 Bath (2) 2 Bed / 1 Ba

City Heights, San Diego, CA (March 12, 2025) – Commercial Asset Advisors (CAA) is pleased to announce the successful sale of 2642-2648 44th Street, San Diego, CA 92105 , which closed on February 25, 2025 . CAA’s Maxwell Brown and Trenton Kaylor represented the seller. The 9-unit multifamily property sold for $2,300,000 . The 6,185 SF building offered a two-story 6-unit apartment building with a detached house and adjacent duplex. The property was well maintained and locat

Los Angeles, North Hollywood, CA (March 6, 2025) – Commercial Asset Advisors (CAA) is pleased to announce the successful sale of a 40-unit, low-density, garden-style multifamily asset located at 11744 Runnymede St., North Hollywood, CA 91605 for $8,000,000 on February 21, 2025 . The property features a highly desirable unit mix, predominantly consisting of two-bedroom units, offering substantial income upside. Its low-maintenance construction and favorable location further

Old Town, San Diego, CA (January 27, 2025) – Property Closes in Old Town San Diego for $3,500,000 , CAA Announces. 1942-54 San Diego Avenue, San Diego CA 92110 officially closed just before the New Year on December 31, 2024, marking a significant transaction in the rarely traded Old Town location. The multifamily property sold for $250,000 per unit at a 5.25% cap rate in-place, showcasing strong investor interest despite challenges. Property Highlights 14 Units: 8 of wh

San Diego, CA and Dayton, OH (October 30, 2024) – Commercial Asset Advisors is pleased to announce the successful sale of 1345-1347...