5 Unit Property in Kensington Sold for $2,100,000

SAN DIEGO, January 5^th, 2021

ACI Apartments is pleased to announce the recent sale of a 5-unit complex in the San Diego neighborhood of Kensington. The 4,546 square foot property situated on a 5,742 square foot lot at 4638 Kensington Drive, was purchased by 4638 Kensington LLC for $2,100,000.

The buyer was represented by Terry Taylor of ACI Apartments. The seller, The Armao Family Trust was represented by William Anderson of ACRE Commercial.

The property consists of newer 1987 construction with a unit mix of three 3BR/2BA Townhomes along with two 2BR/2BA Flats. The location has 10 parking spaces for tenant use. In addition, each unit comes equipped with washers, dryers, dishwashers, fireplaces, and individual water heaters.

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