ACI Apartments is pleased to announce the recent sale of four units in the Pacific Beach neighborhood of San Diego. The 5,170 square foot property situated on a 6,225 square foot lot located at 1050-1056 Diamond Street was purchased by S & A Future Investments LLC and SRA Future Investments LLC, of San Diego for $2,650,000.
Terry Moore of ACI Apartments represented both the buyer and seller. The seller, A.L. McCleary Holdings LLC of San Diego sold the property as part of a 1031 tax deferred exchange.
The 1992 desirable property, just three and a half blocks from the beach, consists of two 3bd/2.5ba, one 3bd/2ba and a 2bd/2.5ba townhomes. The units have fireplaces, washers, and dryers. There are three two car tandem garages, one single garage and a carport. Close to nearby shopping, restaurants and nightlife.
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