The seven-unit apartment in University Heights at 4562 Hamilton St., San Diego 92116, has been sold for $1,495,000, cash.
The buyers were Kevin N. and Michelle F. Lyons, 3760 Convoy St., Suite 106, San Diego 92111.
The seller of the property (445-162-29) was TSF Properties LLC, with David B. Swim and Tina F. Swim as managers.
Brian Barnard, an investment specialist in the San Diego office of Marcus & Millichap (NYSE: MMI), represented the seller.
Constructed in 1980, the property consists of six, two-bedroom/one-bath units and one, two-bedroom/one-and-a-half-bath units totaling 5,438 rentable square feet, according to John Vorsheck, regional manager of the M&M's San Diego office.
The two-story apartment was constructed in 1980 on a 6,996-square foot lot. The property also includes off-street parking with six covered and five surface spaces, an on-site laundry and additional storage units.
The property was sold in November 2011 for $995,000, cash.