10 Units in La Mesa Sold for $1,484,430

Below is a press release from September 24, 2015:

ACI Apartments is pleased to announce the recent sale of a 10 unit complex in the City of La Mesa. The 11,773 square foot property, located at 3706 King Street, was purchased by The Barry and Sharon Herbst Trust. Terry Moore CCIM of ACI represented the Herbst Trust as Buyer. The seller was represented by Joe Siemienowski of Siemienowski & Associates.

The two large lot property has eight 1bd/1ba units, one 2bd/1ba and one 3bd/2 ½ ba units. The three bedroom unit has been completely remodeled and most other units have had new custom flooring and appliance upgrades. This charming property is in the heart of La Mesa and close to freeways and shopping.

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.