ACI Apartments is pleased to announce the recent sale of a 7-unit complex in the Vista neighborhood of San Diego. The 3,494 square foot property situated on a 22,651 square foot lot located at 935 Alta Vista Drive was purchased by Pinnacle RE LLC of San Diego for $1,290,000.
The buyer was represented by Terry Moore CCIM of ACI. The seller, also from San Diego, V. Quentin Smith was represented by Michael Hannon of Engel & Volkers.
The 1948 property consists of four 1bd/1ba, one 2bd/1ba and two studio units. Each unit has a private yard. Property is in a lovely residential neighborhood. There is significant rent upside potential by making standard cosmetic upgrades.
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