6 Units in Crown Point Hills Sold for $2,030,000

Below is a press release from February 17, 2015:

SAN DIEGO – ACI Apartments is pleased to announce the recent sale of a 6 unit complex in the Crown Point neighborhood of the City of San Diego. The 5,860 square foot property, located at 3704 Promontory Street, was purchased by Walnut Company LLC for $2,030,000. Terry Moore CCIM of ACI represented the Seller, Plotts Real Estate. The Buyer, Walnut Company LLC was represented by Nga Nguyen of Berkshire Hathaway Home Services.

The prime location property consists of six 2 bedroom, 1 ½ bath units and is located on a quiet tree lined street within blocks of Mission Bay. The seller has substantially upgraded the property in recent years.

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.