12 Units in La Mesa Sold for $2,632,500

  • Multifamily property in San Diego

SAN DIEGO, March 25, 2016 – ACI Apartments is pleased to announce the recent sale of a 12 unit complex in La Mesa, California. The 11,649 square foot property situated on a 41,818 square foot lot at 5015 Comanche Drive, was sold for $2,632,500. The sellers of the property, who consist of the Vylie Elder Revocable Trust of Lake Tahoe, the Joan Parker Trust of Vermont, the MKRIS Properties LLC of San Mateo, the Essery Family Trust of San Diego, and the Tristram Family Trust 1988 of Escondido.

Arby Eivazian of ACI represented both the buyer, Attisha Enterprises of La Mesa, and the sellers.  The property sold at 12.75 GRM, 5.3% CAP, $219K per unit, and $226 per square foot.

This property consists entirely of 3bd/1ba units.  Every unit comes equipped with washer & dryer hook ups and a private fenced yard. There are two parking spaces per unit.

About ACI Apartments INC.

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.  Please visit us online at www.aciapartments.com