9 Units in Spring Valley Sold for $2,210,000

SAN DIEGO, March 29, 2021
ACI Apartments is pleased to announce the recent sale of nine units in the Spring Valley neighborhood of San Diego. The 7,312 square foot property situated on a 15,564 square foot lot located at 4032-4034 N. Bonita Street was purchased by 10335 GRV, LLC for $2,210,000.

The seller, Snider Property #2 LLC, was represented by Terry Moore CCIM of ACI as part of a 1031 tax deferred exchange. Moore has represented these clients on multiple transactions. The buyer, also from San Diego, Kenwood LLC was represented by Alvaro Virissimo and Peter Oriol of Triple Advantage Real Estate.

The 1950 property consists of eight 2bd/1ba units and one 2bd/1.5ba unit. There is an additional non-permitted 1bd/1ba unit. There is onsite laundry and seller has done many renovations upon turnover.

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