ACI Apartments is pleased to announce the recent sale of a duplex in the Lemon Grove neighborhood of San Diego. The 2,380 square foot property situated on a 10,437 square foot lot located at 2820-2822 Massachusetts Avenue was purchased by Aric J. Myers, of San Diego for $640,000.
The San Diego seller, Massachusetts Grove LLC was represented by Terry Moore CCIM of ACI Apartments, as part of a 1031 tax deferred exchange. Moore represented this client when he purchased the property. The buyer was represented by Amar Harrag of Allied Green Realty.
The 1976 property consists of two 3bd/2ba units and two garages. Each unit has washer/dryer hookups and its own water heater. The property is close to schools, restaurants, and major freeways. 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