4 units in National City Sold for $1,160,000

SAN DIEGO – September 8, 2016 – ACI Apartments is pleased to announce the recent sale of a 4 unit complex in the National City neighborhood of the City of San Diego. The 5,572 square foot property situated on a 9,884 square foot lot at 1742-1772 S. Lanoitan Avenue, was purchased by the Chinyeh Rose Hostler Trust for $1,160,000.

Terry Moore CCIM of ACI represented the San Diego seller, Lanoitan LLC. The buyer, also from San Diego, was represented by Apua Garbutt of Berkshire Hathway.

The superior mix property consists of all 3bd/2ba units, four garages and gated parking. It was built to condo specifications and city approval is not required to obtain condo documentation. More information on the property can be found at www.vimeo.com/pacificvideopro/LanoitanB.

 

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