11 Units Multifamily Property in Lakeside Sold for $2,050,000

SAN DIEGO, October 7, 2016 – ACI Apartments is pleased to announce the recent sale of an 11 unit complex in Lakeside, California. The 11,415 square foot property situated on a 20,585 square foot lot at 9737 Riverview Avenue was purchased by KA Real Estate, LLC of Sorrento Valley for $2,050,000.

The buyer was represented by Anton Burman of ACI, and the seller, Stone Buell W the Stone Family 1984 Trust of Santee was represented by Bob Kelly from Berkshire Hathaway HomeService.

The 11 unit property, consisting of all three bedroom and two bathroom units had an average size of 1038 Square Feet. In addition to 15 garages and an on-site laundry facility, the location has ample off street parking.

 

About ACI Apartments INC.

ACI is the most successful income property brokerage firm in the county since 1982. They specialize in apartment and investment property transactions, and have maintained a solid performance despite changing economic cycles. With an average of more than 140 closed escrows per year, ACI has closed more San Diego County income property escrows than any other firm in the county – that’s more properties than the number two and number three firms combined.  Please visit us online at www.aciapartments.com