329-31 9th St. Del Mar, CA 92014

Summary

Joe Burrough of Palma Commercial represented the Del Mar-based Buyer. This was the Buyer’s up-leg in a 1031 exchange. Built around 1958, 329-31 9th St. is a two (2) unit property, comprised of two (2) one-bedroom/one-bathroom detached units, each with vaulted wood-beam ceilings, skylights, in-unit laundry, as well as private yard and covered off-street parking. 

Agent(s) Involved: Joseph Burrough
Agency/Representation: Buyer Representation

Transaction Details

Status: Closed
COE Date: 12/01/2021
Price: $2,740,000
Units: 2
Year Built: 1958
Bldg. Size: 1,828 SF
Lot Size: 8,004 SF
Price/Unit: $1,370,000
Price/SF of RBA: $1,573
Price/SF of GLA: $342