429-33 E Juniper St. San Diego, CA 92101

Summary

Bankers Hill – A six (6) unit apartment property at 429-33 E. Juniper Street, at a highly desirable corner lot along 5th Avenue, one block from Balboa Park in Bankers Hill. This significantly upgraded/modernized property is comprised of five (5) two-bedroom/two-bathroom units; and one (1) three bedroom/two-bathroom unit, spread across three two-story duplex structures, with a central parking courtyard that has two long tandem spaces.  Unit amenities included in-unit washer dryers, shaker-style cabinetry, stone counter tops, vinyl plank flooring, dual-pane vinyl windows throughout, upgraded plumbing and electrical, with ceiling fan/light fixtures. 

This was the Buyer’s up-leg in a 1031 exchange.  Scott Edelstein of Palma Commercial represented the Buyer, an investment llc based in Orange County.  Through expert planning, Scott was able to help his client secure an ideal up-leg property, prior to close of escrow on the down-leg property, such that they both closed escrow in the same week.