ACI Apartments is pleased to announce the recent sale of 4423-29 48th Street, a 5 unit apartment in Talmadge sold for $1,015,000. The 2950 square foot property situated on a 6129 square foot lot was purchased by Julie Abraham and Kevin Crikelair of Coronado.
The buyers were represented by Chris Siedenburg of ACI. The sellers, Ian Gibson and Kamele Gibson of San Diego were represented by Blake Tagmeyer of Cushman & Wakefield. Teresa McElaney of Chicago Title and Debby Boyd of Fidelity National both provided Title services associated with the escrow of this transaction.
The property has a strong unit mix of five 1 bedroom and 1 bathroom units. In addition, the location offers four parking garages and on-site laundry. This property’s close proximity to the neighborhood of Talmadge provides easy walk-ability to area food and retails, as well as easy freeway access.
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