6 Unit Ocean Beach Multifamily Property Sold for $1,820,000

SAN DIEGO, 12/13/2016

ACI Apartments is pleased to announce the recent sale of a 6 unit Ocean Beach multifamily property sold for $1,820,000. The property, which overlooks Robb Field just north of Downtown San Diego at 4866-72 West Point Loma Blvd sold by Graves Family Trust of Point Loma.

The seller was represented by Norm Root of ACI, while the buyers, Marcie Lynn Matassa and Merrily Boardman, Trustees of Los Angeles, CA were represented by Chris Robinson of ACRE Commercial.

The property unit mix consists of four 2br/1ba and two 1br/1ba spaces. The property also offers six garages plus three additional spaces for tenants.

The property is unique by offering adjacent views of Robb Field and Mission Bay, both locations within close proximity to this property. The building is also three blocks from the Pacific Ocean. The building itself has had recent renovations in the form of a recent roof and window replacement.

 

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