Record Alert: City Heights Area Fourplex Sold for $1,165,000

SAN DIEGO, 2/10/2017

ACI Apartments is thrilled to announce the recent sale by Arby Eivazian of a City Heights area fourplex. Situated on a 6272 square foot lot, the property was built in 2005 by well-known City Heights developer, David Chau. Mr. Chau has developed many multi-family and retail locations in City Heights, including the stunning transformation of the Silverado Ballroom. The 4,736 square foot property at 4028 46th Street was sold for $1,165,000.

The seller Ngo Chau of San Diego was represented by Arby Eivazian of ACI. The buyers, Kyung Ha an Kil Rhan Koh were represented by James Ouimet of Remax.

This transaction is the second record-setting sale for Mr. Eivazian in the past 12 months. It is the highest selling price for a City Heights fourplex in the area’s history. The building consists of all condo-quality three bedroom and two bathroom units. The property offers two parking spaces per residence, balconies for the second level, and a spacious open floor plan. The property is pleasantly situated near other redevelopment projects currently underway in City Heights.

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