SFR in Serra Mesa Sold for $439,000

Below is a press release from September 29, 2014:

SAN DIEGO – ACI Apartments is pleased to announce the recent sale of a single family residence in the Serra Mesa neighborhood of San Diego. The 1,700 square foot property, located at 8705 Encino Avenue, was purchased by International Church of the Foursquare Gospel, a California nonprofit corporation for $439,000.

Terry Moore CCIM of ACI represented International Church of the Foursquare Gospel, the Buyer. The Sellers represented themselves.

The house has four bedrooms, three bathrooms, and is located within minutes of the on-ramp to Hwy 805.

ACI is the most successful income property brokerage firm in the county. Since 1982, they have specialized in apartment and investment property transactions, and 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.