6 Unit Multifamily Complex in National City Sold for $975,000

SAN DIEGO, 3/28/2019

ACI Apartments is pleased to announce the recent sale of a 6-unit complex in National City. The 2,644 square foot property situated on a 12,509 square foot lot at 931-37 E. 18th Street and 1724-40 J Avenue, was sold by Incepcion Mia, LLC and Dalia Tan for $975,000.

The seller was represented by Terry Taylor of ACI Apartments, and the buyer, Logan 3330 Re Fund, LLC was represented by Ann Jaquelyn Schon of Avezta Realty.

The property consists of six 1 Bedroom/1 Bathroom Units with 3 Small Single-Family Homes and a Triplex on a Large Corner Lot. The property has approximately 10 parking spaces available for tenants.

“These units were small but quaint” said Terry Taylor, the seller’s agent. “There was a lot of deferred maintenance that is reflected in the purchase price.”

 

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