7 Unit Multifamily Property in Hillcrest Sold for $2,470,000

SAN DIEGO, March 9, 2021

ACI Apartments is pleased to announce the recent sale of a 7-unit complex in Hillcrest. The 6,084 square foot property situated on a 7,500 square foot lot at 1617 Brookes Ave, was purchased by E3 Security, LLC for $2,470,000.

The buyer was represented by Norm Root of ACI Apartments. The seller, 3242 Columbia, LLC was represented by JD Bols.

The property consists of one (1) 3BR/2BA, three (3) 2BR/2BA, and three (3) 1BR/1BA units. Parking consists of five (5) tandem spots along with four (4) single spaces. Six of the seven units had been fully renovated with high quality features. These exceptionally large and spacious units also have an approved Condo map with the city of San Diego. Quiet Hillcrest location near Park Blvd. Laurie Blake and Mission Federal Credit Union provided the financing for the transaction.

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