4 Units in Lakeside Sold for $563,500

The below press release is from June 5, 2015:

ACI Apartments is pleased to announce the recent sale of a 4 unit complex in the neighborhood of Lakeside in the City of San Diego. The 2,880 square foot property, located at 12621 Lindo Lane, was purchased by William Thorn for $563,500.

Terry Moore CCIM of ACI represented the buyer, William Thorn. This is the second transaction that Moore has closed with the buyer. The seller, Duane and Fabiola Grant were represented by Brendan Flynn and Cody Evans of South Coast Commercial.

The 1973 property consists of four two bedroom, one bath units and five open parking spaces. The Lakeside property has significant rental upside and has easy access to State Route 67.

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.