ACI Apartments is pleased to announce the recent sale of an 8-unit complex in the University Heights neighborhood of San Diego. The 6,434 square foot property situated on a 6,725 square foot lot located at 4674 Ohio Street was purchased by Cardiff Coastal Properties, LLC, from San Diego for $2,300,000.
The San Diego sellers, The Veizaga Trusts were represented by Terry Moore CCIM of ACI. The buyer was represented by Bradley Murray, Broker.
The 1964 property, in a great location, consists of six 2bd/1ba units and two 1bd/1ba units. There are eight open parking spaces. There is significant rental upside potential by making upgrades to the property. Property is convenient to shopping, dining, schools and major freeways.
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