Sold: 7 Units in El Cajon for $795,000

Below is a press release from June 5, 2014:

SAN DIEGO – ACI Apartments is pleased to announce the recent sale of a 7-unit complex in the City of El Cajon. The 3,639 square foot property, located at 441-463 Chambers Street, was purchased by E.R.M.C., LLC for $795,000.

Terry Moore CCIM of ACI represented Rita L. O’Brien, the Seller. The Buyer was represented by Roy Campos of Intero Real Estate Services. Teresa McElaney and Jamie Nalley of Chicago Title provided escrow and title services.

Chambers Street has a 2bd/1ba single family residence, four 1bd/1ba units and two 2bd/2ba units and is conveniently located near Hwy 8 and shopping at Parkway Plaza mall.

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.