6 Unit Multifamily Property in La Mesa Sold for $1,215,000

4501-11 Alta Lane, 6 Unit Multifamily Property in La Mesa Sold for $1,215,000

SAN DIEGO, March 18, 2019

ACI Apartments is pleased to announce the recent sale of a 6-unit complex in the city of La Mesa. The 3,694 square foot property situated on a 6,554 square foot lot at 4501-11 Alta Lane, was sold by the Rabell Trust of Alpine for $1,215,000.

Both the buyer and seller were represented by Doug Taber, CCIM of ACI Apartments.

The property consists of two 1 Bedroom / 1 Bathroom, and four 2-bedroom / 1-bathroom units. The property comes equipped with 6 single car garages. The asset is in a prime location in La Mesa, within walking distance of the Historic La Mesa Village. This location, with a Walkscore of 77, allows residents easy access to a variety of shopping, culinary, and community activities that are hard to find anywhere else in a high demand rental market.

“This rental property is in an amazing location with a great unit mix” said Doug Taber, CCIM of ACI, “the sellers were extremely happy with the results of the sale”.

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