The Bove Group

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CROWN POINT APARTMENTS SOLD FOR $3.3M

By Ray Huard

San Diego Business Journal

Friday, May 10, 2019

A Crown Point apartment building has been sold for $3 million.

The 1536 Moorland Drive property was sold by Moorland Drive, LLC to Calowa Investments LLC.

The building has eight apartments that average 666 square feet in a mix of four one-bedroom, one-bathroom units and four two-bedroom, one bathroom units.

It also has 10 off-street parking spaces, including two that are double-length tandem spaces.

Aaron Bove, senior vice president investments in Marcus & Millichap’s San Diego office, represented the seller.

Bove and Louie Goros, a Marcus & Millichap associate in San Diego, represented the buyer.