4 units in City Heights Sold for $639,000

SAN DIEGOApril 8, 2016 – ACI Apartments is pleased to announce the recent sale of a 4 unit complex in City Heights. The 2,272 square foot property, located at 3570-3576 N. 47th Street was purchased by Leeah Gahee Lee for $639,000.

Terry Moore CCIM of ACI represented the Chula Vista seller, Mark H. Nys and Maria E. Luoni, as part of a 1031 tax deferred exchange. The San Diego based buyer, Leeah Gahee Lee was represented by Lara Rahib of California Real Estate Direct.

The two duplexes provide more privacy for tenants with only one contiguous neighbor. The superior unit mix consists of all 2bd/1ba units and two garages. The seller has spent more than $20,000 on repairs and upgrades in the last nine months.

About ACI Apartments INC.

ACI is the most successful income property brokerage firm in the county. Since 1982, they have specialized in apartment and investment property transactions, and 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