Sold: 5 Units in City Heights for $575,000

Below is a press release from March 18, 2015:

SAN DIEGO – ACI Apartments is pleased to announce the recent sale of a 5 unit apartment complex in City Heights, CA. The 7,000 square foot property, located at 3878 Van Dyke Ave, San Diego, CA 92105, was purchased by Nancy Nguyen for $575,000. The seller, Guthridge Family Trust, was represented by Ricardo Lopez and Keith Courtney of ACI Apartments, and the buyer was represented by Louis Voorhees and Anthony Mendes of The Mendes Company. Escrow was handled by Samantha Maestas of Fidelity National Title. Title was handled by Curtis Taplin of Fidelity National Title. The property consisted of four 1Bd/1Ba units and one 2Bd/1.5Ba unit built in 1935. There are 5 garages.

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.