5385 Clairemont Mesa Blvd, San Diego, CA 92117

• Purchase Price (2015): $9,800,000
• Capital Improvements: $527,000
• Sale Price (2022): $21,700,000

Acquired and repositioned a mid-century apartment community in San Diego’s high-demand Clairemont neighborhood, completing renovations and achieving stabilization within six months. Strong leasing performance and accelerated rent growth drove significant value creation, leading to a successful refinance in 2017 that returned a substantial portion of investor capital.