ACI Apartments is pleased to announce the recent sale of 3453 Ocean View Blvd, four cottages in San Diego’s Mountainview neighborhood sold for $555,000. The property, located on a 2,196 square foot property situated on a 7,909 square foot lot was sold by Bruno Molinarolo.
The seller was represented by Arby Eivazian of ACI. The buyer, Anuja Shah was represented by Anton Burman also from Apartment Consultants, Inc. (ACI).
Each building consisted of a one bedroom and one bathroom setup, with 2 parking garages per unit. Per unit sale price was $138,750 at $252.73 per square foot. The GRM for the property at time of sale was 13.60.
The property is located west of the Archie Moore Memorial Freeway south of Downtown San Diego. The location is ideal for immediate access to the Downtown area which includes many iconic restaurants, shopping, and recreational venues. Some examples include Petco Park, The Embarcadero, the USS Midway Museum and Westfield Horton Plaza.
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