5 Units in Escondido Sold for $712,500

Below is a press release from August 28, 2014:

SAN DIEGO – ACI Apartments is pleased to announce the recent sale of a 5 unit complex in the Escondido neighborhood of San Diego. The 3,035 square foot property, located at 707 E. Washington Avenue, was purchased by Jaime and Rafaela Urbina for $712,500.

Terry Moore CCIM of ACI represented Yitzhak Shamir, LP, the Seller. The Buyers were represented by Martha Carcamo of Kheila Homes.

The property consists of a single family home with a large fenced yard and four units, garages, and abundant parking. Three of the units have been recently renovated with new roof, paint, and interior renovations.

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.