Sold! 8-unit property on Cortez Hill

Below is a press release from July 16, 2014:

SAN DIEGO – ACI Apartments is pleased to announce the recent sale of an 8-unit complex in the Cortez Hill neighborhood of San Diego.  The 6,710 square foot property, located at 935 Date Street, was purchased by Andre Lusti and John and Colleen Lusti for $1,725,000.

Terry Moore CCIM of ACI represented the Seller, The Avie K. Denardi Trust and the Buyer.

The rare Cortez Hill property consists of one studio, six 1bd/1ba and one 3bd/2 ½ba units with four garages and is located within walking distance to Balboa Park.

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.