Intelligent, Innovative Investing™

University Avenue

University Avenue

At a Glance

Name: University Avenue
City, State: San Diego, California (Hillcrest Area)
Type: Loan, Secured by Deed of Trust, on an Office Building, Retail Shopping Center and Parking Lot
Acquisition Date: September 2009 (Foreclosed in January 2010)
Unit Mix and Sizes: Parcels A and B Combine to Form a 10,000 Square Foot Medical Office and Income-Producing Parking Lot
Parcel C is a 5,600 Square Foot Retail Center and an Additional Income-Producing Parking Lot
Location Advantages: In a Growing and Eclectic Neighborhood Three Miles North of Downtown San Diego; Less than One-Half Mile From Scripps Mercy Hospital and UCSD Medical Center
Date Sold: Parcels A and B Sold June 2012
Parcel C Sold February 2013