4 units in Pacific Beach Sold for $2,600,000

SAN DIEGO – April 30, 2020

ACI Apartments is pleased to announce the recent sale of four units in the Pacific Beach neighborhood of San Diego. The 5,261 square foot property situated on a 6,065 square foot lot located at 1444-1450 Diamond Street was purchased by Daniel Simons, of San Diego for $2,600,000.

The San Diego seller, A L McCleary Holdings LLC, was represented by Terry Moore CCIM of ACI as part of a 1031 tax deferred exchange. The buyer was represented by Ida Hamud, an independent Broker.

The 1992 desirable property, just seven and a half blocks from the beach, consists of three 3bd/2ba townhomes and a 3bd/2ba townhome loft over the garage. The units have fireplaces, washers and dryers. There are three two car tandem garages, one single garage and a carport. Close to nearby sopping, restaurants, and nightlife.

About ACI Apartments INC.

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