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Apartment in Hillcrest on Herbert sold

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The eight-unit apartment property in Hillcrest at 3827 Herbert St., San Diego 92103, has been sold for $1,355,000.

The buyer was San Diego Equity Partners L.L.C., P.O. Box 1080, Waterloo, Iowa 500704. Jacobus F. J. Nooren is the managing member of San Diego Equity.

The acquisition was financed with a $700,000 loan from JPMorgan Chase Bank (NYSE: JPM).

The sellers were Stephan and Barbara Hegyi.

The approximately 5,500-square-foot apartment consists of five one-bedroom units and three two-bedroom/one-bath units, and an onsite laundry room.

The apartment was constructed in 1950 on a 6,482-square-foot lot, which includes onsite parking.

The eight-unit apartment property in Hillcrest at 3827 Herbert St., San Diego 92103, has been sold for $1,355,000. Courtesy photo

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