CARLSBAD, CA, May 11, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced today the sale of 2633 Ocean Street, a 5-unit apartment property located in Carlsbad, California. According to Damon Wyler, regional manager of the firm’s San Diego Del Mar office the asset sold for $6,850,000.

Aaron Bove and CJ Ferns, investment specialists in Marcus & Millichap’s San Diego Del Mar office, had the exclusive listing to market the property on behalf of the seller, an individual/personal trust.

Sea Six is located at 2633 Ocean St in Carlsbad, CA. The building consists of one (1) 4 Bedroom 2 Bath, (1) 2 Bedroom 1 Bath, (2) One Bedroom One Bath, and (1) Studio. Situated across from the Army Navy Academy, this waterfront building sits on one of San Diego’s best beaches. Close to business, shopping, and restaurants.

Bove said “Asking price for this property was $6,000,000. Offers were taken in a sealed-bid process resulting in multiple bids over asking. The closing price was $6,850,000, $850,000 over asking. This sale set a San Diego County record for highest price per square foot at $1,837.”

Listed By:

Aaron Bove
Senior Vice President, Investments
aaron.bove@marcusmillichap.com
(858) 373-3237

CA: 01318320