ACI Apartments is pleased to announce the recent sale of seven units in the City Heights neighborhood of San Diego. The 4,690 square foot property situated on a 6,344 square foot lot located at 4359 38th Street was purchased by Urban SD Living LLC, of San Diego for $1,725,000.
The San Diego seller, Robert Schneeloch, and the buyer were represented by Terry Moore CCIM of ACI Apartments. Moore has represented both these clients on other transactions.
The 1990 property consists of one 3bd/2ba, one 2bd/2ba, two 2bd/1ba and three 1bd/1ba units. There are seven parking spaces. There is rent upside potential by making additional upgrades to the property.
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