8 Units Multifamily Ocean Beach Complex Sold for $2,150,000

  • Driveway of 4774 West Point Loma Blvd

SAN DIEGO, November 1, 2016 – ACI Apartments is pleased to announce the recent sale of an 8 unit Ocean Beach complex. The property, situated on an approximately 6,721 square foot lot at 4774 West Point Loma Blvd., was sold by Marsha Swanson of San Diego for $2,150,000 with $25,000 of funds given to the buying side.

The seller was represented by ACI’s Kelly O’Connor. The buyers, Neel Pujara of Carlsbad and Green Storm LLC of La Palma, were represented by Anton Burman also from ACI. This is Neel Pujara’s third transaction with ACI.

Located within ¼ mile from the beautiful beaches of the Pacific Ocean, the property was maintained with original ownership. The park view location of this investment are accentuated by a recently upgraded exterior in an area that is quickly becoming one of the most coveted neighborhoods due to its proximity to Downtown San Diego and Mission Bay. In addition to these locations, the property is a brief walk away from the estuary of the San Diego River, an area teeming with wildlife.

 

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