ACI Apartments is pleased to announce the recent sale of a duplex in the Pacific Beach neighborhood of San Diego. The 1,520 square foot property situated on a 3,114 square foot lot located at 1532-1534 Missouri Street was purchased by EKGA Properties, LLC, of Wisconsin for $900,000.
The San Diego seller, A.L. McCleary Holdings LLC was represented by Terry Moore CCIM of ACI Apartments as part of a 1031 tax deferred exchange and multiple property sale. The buyer was represented by Gregory Kuchan of Dougas Elliman.
The 1960 property consists of two 2bd/1ba units. There are two off street parking spaces and the property is a short walk or bike ride to the ocean or bay. There is rent upside potential by making additional upgrades to the property.
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