7-Unit Apartment Property in City Heights Sold for $1,475,000

SAN DIEGO – 3/5/2018

ACI Apartments is pleased to announce the recent sale of a 7-unit complex in San Diego, CA. The 5,400 square foot property situated on a 6,250 square foot lot at 4240 46^th Street, was purchased by John Nobel for $1,475,000.

The buyer was represented by Keith Courtney and Nick Zalkow of Apartment Consultants Inc. (ACI) while the seller, Lawrence Gallego was represented by Terry Taylor also of ACI.

The property’s unit mix consists of five 2 Bedroom and 2 Bathroom units as well as two 1 Bedroom and 1 Bathroom units. Parking is offered on-site and includes four garages as well as five spaces. The property is located half Block South of El Cajon Blvd. in the City Heights Neighborhood. The property’s 1980’s construction includes a pitched roof.

 

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