Commercial Asset Advisors - DRE# 177455, 8780 Complex Drive #420, San Diego, CA (2026)

04/27/2026

Sold | Multifamily Investment Success in City Heights

Commercial Asset Advisors is excited to announce the successful sale of a 9-unit multifamily property located at 4344 Van D**e Ave, San Diego, CA 92105, for $3,100,000.

Representing the Seller, CAA—led by Todd Simonsen and Brian Jenkins, successfully navigated a key challenge in today’s market, matching the right asset with the right capital.

Despite evolving market dynamics, the team executed a targeted strategy that resulted in a record-setting $344,000 per unit for the zip code for 9 units.

🔑 Highlights of the Deal:
• 9-unit multifamily property totaling 5,616 SF
• Record-breaking price per door for the area
• Strong investor demand for well-located workforce housing
• Strategic buyer alignment to maximize value

The Buyer was represented by CRE Advisory Group, and we extend our appreciation to Mark Simonsen and Cameron Aldrich and Rob Shaw at Chicago Title for their role in a smooth and successful closing.

This transaction reinforces a key principle: in today’s market, success comes from strategy—not chance. Identifying the right buyer and positioning the asset correctly can unlock exceptional outcomes.

If you're considering selling or want to better understand your property's value in today’s market, we’re here to help. For more information, or to request a complimentary property assessment, contact:

Todd Simonsen, Sales Associate | DRE Lic. # 01381193 | [email protected]
Brian Jenkins, CAA Principal | DRE Lic. # 01814828 | [email protected]

Read the fully story:

CITY HEIGHTS, SAN DIEGO, CA (April 22, 2026) – Commercial Asset Advisors (CAA) is pleased to announce the successful sale of a 9-unit multifamily apartment property located at 4344 Van D**e Ave, San Diego, CA 92105. The property closed on March 30, 2026, for a total consideration of $3,100,000. CA...

04/06/2026

CLOSED: $2.75M OFF-MARKET 11-UNIT MULTIFAMILY DEAL IN SAN DIEGO

Not every opportunity hits the market. And the ones that don’t? ~ That’s where real strategy separates brokers from advisors. We’re proud to announce the successful closing of a $2,750,000 11-Unit multifamily property located at 3738–40 Van D**e Ave in San Diego, CA, a 7,585 SF asset that required more than just a buyer and seller… it required vision.

Deal Highlights:
- Off-market transaction
- Multifamily | 7,585 SF – 11 Units
- Sale Price: $2.75M
- CAA represented both buyer & seller Led by Maxwell Brown

The Challenge, at first glance, this was a strong asset: New roof, Dual-pane windows, Upgraded ABS plumbing. But beneath the surface? Deferred interior maintenance → vacancy → operational inefficiency. This is where most deals fall apart.

The Outcome with our proven expertise, a clean, strategic ex*****on that aligned both parties around long-term value, not short-term noise.

Big thank you to Jeff La Fleur Jeff La Fleur at Citizens Private Bank for supporting financing and helping bring this across the finish line.

Read the full story... https://www.caacre.com/post/commercial-asset-advisors-closes-2-75m-off-market-11-unit-multifamily-sale-in-san-diego-ca

If you’re an agent trying to grow your business, understand this: The best deals aren’t always the cleanest. They’re the ones where you can see what others can’t ....and execute with confidence.

For more information, or to request a complimentary property assessment, contact: Maxwell Brown | Senior Vice President – Multifamily Investment Sales [email protected] | DRE Lic. # 0212739

SAN DIEGO, CA (April 6, 2026) – Commercial Asset Advisors (CAA) is pleased to announce the successful sale of a multifamily investment property located at 3738–40 Van D**e Ave, San Diego, CA 92105. The 11 unit, 7,585-square-foot asset traded for $2,750,000 on March 10, 2026, representing another...

01/27/2026

🚨 Closed: $3.37M San Diego 92105, Mid-City Commercial & Land Deal

CAA is proud to represent Standard Plumbing & Industrial Supply in their acquisition of one commercial building and 35,000 SF of land across four parcels at 3841–55 39th St & 3850–64 40th St, San Diego, CA 92105 for $3.37M on December 23, 2025.

✅ One 6,092 SF Building
✅ 35,000 SF of Land
✅ Two escrows + Two lenders – Four Parcels
✅ SBA + Residential loan combo
✅Buyer Repped by Mike Conger & James Burns, Commercial Asset Advisors (CAA)

“Deals like this require sharp strategy and ex*****on.” – Mike Conger

“Thrilled to support Standard Plumbing in this acquisition.” – James Burns

💥 At CAA, we don’t just close deals—we solve them.

Read the full story: https://www.caacre.com/post/caa-facilitates-multi-parcel-sale-in-san-diego-for-3-37m

For more information, or to request a complimentary property assessment, contact:

Mike Conger, CAA Principal – [email protected] | DRE Lic. # 01381193
James Burns, Sales Associate – [email protected] | DRE Lic. # 02195104

SAN DIEGO, CA (December 23, 2025) – Commercial Asset Advisors (CAA) is proud to announce the successful sale of a multi-parcel commercial property located at 3841–3855 39th Street & 3850–3864 40th St, San Diego, CA 92105, comprising one commercial building totaling 6,092 SF and 35,000 SF of la...

01/22/2026

🎉Encinitas Medical Office Condo Sales for $1.188M
CAA wrapped up 2025 with a strategic win for an oral surgeon expanding into North County. This 1,518 square foot medical office condo, formerly a dental unit, was the perfect fit. We closed it right on time on December 24th!

📍 511 Encinitas Blvd., Suite 118/120
💰 $1,188,000
✅ Perfect location for oral surgery, with strong demographics
🧑‍⚕️ Buyer represented by Chris Bonar, Commercial Asset Advisors
📝 Seller represented by John Hoffmann, Kidder Mathews
🦷 Former general dentist office to be converted for oral surgery

The buyer had a clear goal, close by year-end. Chris moved fast, coordinated efficiently, and ensured a seamless close during the holidays. That’s how CAA delivers for professionals looking to grow in San Diego.

“Helping a medical client get the right location, on the right timeline, is why we do what we do.” — Chris Bonar, CAA

Read the full story: https://www.caacre.com/post/commercial-asset-advisors-facilitates-sale-of-medical-office-condo-in-encinitas-for-1-188m

👏 Shoutout to all collaborators involved!

For more information, or to request a complimentary property assessment, contact: Chris Bonar, Sales Associate (DRE Lic. # 02097389), at [email protected]

ENCINITAS (San Diego), CA (December 24, 2025) – Commercial Asset Advisors (CAA) is pleased to announce the successful sale of a 1,518 square foot medical office condominium located at 511 Encinitas Boulevard, Suite 118/120, Encinitas, CA 92024. The transaction closed on December 24, 2025, for $1,1...

01/16/2026

💥 $7M Off-Market Deal Closed in Chula Vista!

CAA is proud to announce the successful sale of a ±26,708 SF freestanding multi-tenant industrial property at 901 Lane Avenue in Chula Vista, CA—closed off-market for $7,000,000 to facilitate a time-sensitive 1031 exchange.

🔹 Seller represented by: Brian Jenkins & Mike Conger of Commercial Asset Advisors
🔹 Buyer represented by: Chris Nelson and Jacob Castro of Matthews Real Estate Investment Services

Deal Highlights:
• Off-market opportunity aligned with buyer’s 1031 exchange needs
• Closed swiftly and efficiently to meet timing requirements
• High-value retail asset in a strong Chula Vista submarket

💬 “This was a strategic off-market deal driven by timing and trust.” – Brian Jenkins
💬 “Speed was of the essence. Our ability to align both parties quickly was key.” – Mike Conger

Read the full story: https://www.caacre.com/post/commercial-asset-advisors-facilitates-off-market-7-million-sale-of-freestanding-multi-tenant-indust

At CAA, we don’t just close deals—we create value.

👉 Let’s talk about how we can help you with your next 1031 exchange or retail investment.

Brian Jenkins, Principal (DRE Lic. # 01814828), at [email protected]
Mike Conger, Principal (DRE Lic. # 01381193), at [email protected]

CHULA VISTA (San Diego), CA (January 15, 2026) – Commercial Asset Advisors (CAA) is proud to announce the off-market sale of a ±26,708 SF freestanding industrial property located at 901 Lane Avenue in Chula Vista, CA 91914. The transaction closed at $7,000,000 on December 30, 2025, and was execut...

01/05/2026

OFFERING - Multi-Tenant Office Investment - Mission Valley, San Diego
https://conta.cc/4aF5LOF

Email from Commercial Asset Advisors 5151 Shoreham Place, San Diego CA OFFERING Multi-Tenant Office Investment Mission Valley, San Diego 3517 CAMINO DEL RIO S. | SAN DIEGO CA Commercial Asset Adviso

12/03/2025

🔥CLOSED: $12M ~ 40-Unit Multifamily Sale in El Cajon, CA 🔥
Commercial Asset Advisors (CAA) is excited to announce the acquisition of a premium 40-unit apartment community at 215 S. Lincoln Ave., San Diego CA 92020 for $12 million on 11/12/2025.

Highlights:
✅ $300K per unit
✅ 100% two-bedroom layout (40% townhomes)
✅ Strong in-place (5.5%) and projected (6.25%) cap rates
✅ Private yards + garages – designed for long-term tenant retention

The buyer, our client, a repeat private investor was looking for a high-quality asset with scale and long-term upside. Maxwell Brown of CAA delivered.

Read the full story: https://www.caacre.com/post/commercial-asset-advisors-facilitates-12-million-multifamily-acquisition-in-el-cajon-ca

Special thanks to Dave Plutner of DP Properties for representing the seller and helping drive this deal across the finish line.

📈 Real estate is about strategy, relationships, and ex*****on. At CAA, we bring all three.

For more information, or to request a complimentary property assessment, contact: Maxwell Brown | Senior Vice President – Multifamily Investment Sales | [email protected] | DRE Lic. # 02127395

EL CAJON (San Diego), CA (December 3, 2025) – Commercial Asset Advisors (CAA) is pleased to announce the successful acquisition of a turnkey multifamily asset located at 215 S. Lincoln Avenue in El Cajon, CA 92020. The 40-unit property traded hands on November 12, 2025, for $12,000,000, equating t...

11/21/2025

CAA Represents Buyer in Poway Industrial Condo Purchase for $1.04M

Commercial Asset Advisors is excited to announce the completed sale of a 2,787 SF industrial condominium located at 13100 Kirkham Way, Suite 210, Poway, CA 92064. The property closed for $1,031,190 on October 17, 2025.

Buyer Representation: CAA (Brian Jenkins & Todd Simonsen)
Seller Representation: Colliers

Even without major challenges, maintaining a smooth, aligned, and efficient transaction is what ensures a client’s long-term success — especially in a market where most deals come with hurdles.

Why This Deal Matters
• Strong location in the Poway Business Park
• Ideal owner-user industrial layout
• A clean, strategic acquisition supporting medical service expansion

Brian Jenkins and Todd Simonsen led the advisory effort, ensuring the buyer made a confident, informed decision supported by steady communication and ex*****on.

Read the full story: https://www.caacre.com/post/caa-represents-buyer-in-the-sale-of-industrial-condo-in-poway-for-1-04-million

Congratulations to everyone involved!

For more information, or to request a complimentary property assessment, contact:

Todd Simonsen, Sales Associate | [email protected] | DRE Lic. # 01381193

Brian Jenkins, Principal | [email protected] | DRE Lic. # 01814828

POWAY (San Diego), CA (November 21, 2025) – Commercial Asset Advisors (CAA) is pleased to announce the successful closing of the industrial condominium located at 13100 Kirkham Way, Suite 210, Poway, CA 92064. The 2,787-square-foot industrial unit sold for $1,031,190 on October 17,2025.The Seller,...

09/30/2025

🌟 CAA Facilitates $5.82M Sale of Coastal Hospitality Asset in Ocean Beach

We’re proud to announce the successful closing of 5074–5082 West Point Loma Blvd, San Diego, CA 92107 for $5,820,000 on September 12, 2025.

This rare hospitality property included two freestanding motel structures on non-contiguous parcels in one of San Diego’s most sought-after coastal submarkets.

📌 Deal Snapshot:
• Seller: A-One Investments (represented by CAA)
• Buyer: Private investor (long-term repositioning strategy)
• Title Services: Robert Shaw & Cameron Aldrich, Chicago Title

💡 Broker Perspectives:
“This was a deal that demanded relentless outreach in a challenging hospitality environment.” – Brian Jenkins, Principal

“The key was finding the right buyer—someone with both vision and patience for the long term.” – James Burns, Associate

This transaction highlights the strategic opportunities still present in the hospitality sector despite market headwinds. Ocean Beach remains a dynamic submarket with strong long-term growth potential.

👏 Congratulations to our clients and partners on this exciting win!

Read the full story:
https://www.caacre.com/post/caa-completes-5-82m-transaction-for-coastal-hospitality-property-in-ocean-beach

For more information, or to request a complimentary property assessment, contact:

James Burns, Associate | [email protected] | DRE Lic. # 02195104
Brian Jenkins, Principal | [email protected] | DRE Lic. # 01814828

SAN DIEGO (OCEAN BEACH), CA (September 30, 2025) – Commercial Asset Advisors (CAA) is pleased to announce the successful sale of two freestanding motel structures located at 5074–5080, 5082 W. Point Loma Boulevard, San Diego, CA 92107. The coastal hospitality property, situated on two non-contig...

09/26/2025

🚨 JUST CLOSED in National City - 27-Unit Multifamily Asset for $5.7M 🚨

We’re excited to share that Commercial Asset Advisors has facilitated the sale of 930 B Avenue, a 27-unit multifamily garden-style property, closed September 22, 2025, for $5,700,000.

This was no ordinary deal — the asset was in heavy disrepair, producing negative cash flow and requiring a seven-figure renovation budget. Despite the challenges, our team sourced 11 offers in under 3 weeks and secured a competitive close.

Transaction Highlights:
• 27 units (25 registered + 2 unregistered)
• 23 garages & multiple storage spaces
• $228,000 per registered unit / $211,111 per total unit
• 15 units + all garages delivered vacant
• 7.0% yield on cost with $2M+ renovations planned
• Opportunity Zone + Downtown Specific Plan location

💡 Why it matters:
The seller was able to exit a highly distressed, non-performing asset, while the buyer gained the chance to revitalize workforce housing in a prime corridor of National City. This project will not only reposition the property but also bring new jobs, city tax revenue, and much-needed housing improvements to the community.

🤝 Buyer represented by South Coast Commercial
🤝 Seller represented by CAA brokers Maxwell Brown and Mike Conger

Read the full story: https://www.caacre.com/post/commercial-asset-advisors-closes-5-7m-sale-of-multifamily-community-in-national-city

📩 Want to learn how CAA can maximize your portfolio value — no matter the challenge? Connect with us today.

For inquiries about this transaction or other multifamily investment opportunities, please contact:

Maxwell Brown, Senior Vice President – Multifamily Investment Sales | [email protected] | DRE Lic. # 02127395

Mike Conger, Principal | [email protected] | DRE Lic. # 01381193

CA NATIONAL CITY (San Diego), CA (September 26, 2025) Commercial Asset Advisors (CAA) is pleased to announce the successful sale of a 27-unit multifamily garden-style community located at 930 B Avenue, National City, CA 91950. The property closed escrow on September 22, 2025 for $5,700,000.The Selle...

09/24/2025

🚀 CAA Delivers $3.4M Multifamily Success in Carlsbad

CAA is proud to announce the successful sale of a 6-unit coastal multifamily property located at 2780-2790 Jefferson Street in Carlsbad Village. Closed on September 16th, this transaction secured $3,400,000 for our client.

📌 Highlights:
• Address: 2780-2790 Jefferson St, Carlsbad, CA 92008
• Sale Price: $3,400,000
• Closed: September 16, 2025
• Seller's Rep: Gino Kalasho (Senior VP) - Commercial Asset Advisors - DRE # 177455
• Buyer's Rep: Dylan Ackley @ Landmark

"We continue to deliver results that protect and grow our clients' portfolios. Carlsbad Village is a premier multifamily market, and we were honored to support our client through a smooth, strategic transaction." — Gino Kalasho, Senior Vice President

Read the full story: https://www.caacre.com/post/caa-facilitates-strategic-sale-of-carlsbad-coastal-multifamily-asset-for-3-4-million

CAA leads with strategy, access, and ex*****on. Let us help you grow your portfolio.

Contact Gino Kalasho, DRE Lic. # 02046687 for more information [email protected].

CARLSBAD (San Diego) CA (September 24, 2025) – Commercial Asset Advisors (CAA) is proud to announce the successful sale of a 6-unit coastal multifamily property located at 2780-2790 Jefferson Street in Carlsbad, CA 92008. The property closed on September 16, 2025, for $3,400,000.Representing the S...

Commercial Asset Advisors - DRE# 177455

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