7 units in Pacific Beach Sold for $2,320,000

SAN DIEGOApril 5, 2016 – ACI Apartments is pleased to announce the recent sale of a 7 unit complex in Pacific Beach. The property, with a property gross square footage of 5,300 at 835-41 Agate Street, was purchased by Norm Blumenthal of La Jolla for $2,320,000.

Dennis Leslie of ACI represented the La Jolla based seller, Stevens Family Trust care of Elizabeth Dunn. The previously mentioned buyer, Norm Blumenthal of La Jolla was represented by Gary Urtiaga of Apartment Realty Group and Dylan Wright of ACRE.

The dynamic unit mix consists of four 1bd/1ba, and three 2bd/1ba units. The space has covered parking and has access to a fenced in yard area. The location is a prime spot as it is mere blocks away from access to La Jolla.

About ACI Apartments INC.

ACI is the most successful income property brokerage firm in the county. Since 1982, they have specialized in apartment and investment property transactions, and 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