5 Unit Multifamily Property in North Park Sold for $1,499,000

SAN DIEGO, 11/18/2019

ACI Apartments is pleased to announce the recent sale of a 5-unit complex in the San Diego neighborhood of North Park. The 3,954 square foot property situated on a 6,996 square foot lot at 4341-4347 Hamilton Street, was sold by The McDonald Family Revocable Trust for $1,499,000.

The seller was represented by Ricardo Lopez of ACI Apartments. The buyer, WL Gaskins Inc. was self-represented.

The property consists of two buildings just north of where Hamilton Street meets El Cajon Blvd. 4341 Hamilton consists of a well maintained (1) 3br-1.5ba house approx. 1,300 sq.ft. complete with original hardwood floors, updated kitchen, spacious living room, separate dining area, side patio, front yard and fenced in private backyard. The back fourplex consists of (3) 2br-1ba approx. 700 sq.ft. (1) 1br-1ba approx. 500 sq.ft., 4 single car garages and a shared laundry room.

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