ACI Apartments is pleased to announce the recent sale of 4039-4045 Highland Avenue, a fourplex in City Heights, a neighborhood of San Diego, California. The 6,253 square foot property was purchased by Haris Economus for $560,000.
The buyer was represented by Nick Zalkow and Keith Courtney of ACI. The seller, The Richard J. Bley Trust was represented by Brian Raynoha of Apartment Advisors Inc.
The property is unique due to consisting of three structures. These include a 2 bedroom and 1 bathroom front house, a single cottage style unit with 1 bedroom and 1 bathroom, and a duplex both consisting of 1 bedroom and 1 bathroom units.
This unique asset is located just north of University Avenue in the City Heights neighborhood, with close proximity to Rosa Parks Elementary school located at the intersection of Wightman and Fairmount. The property’s close proximity to Weingart Library and the City Center make it an ideal location for access to local shopping, food, and recreational events.
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