ACI Apartments is pleased to announce the recent sale of a 9-unit complex in the San Diego neighborhood of City Heights. The 4,380 square foot property situated on a 5,903 square foot lot at 4236 Estrella Ave, was purchased by KA San Marcos for $1,650,000.
The buyer was represented by Anton Burman and Oskar Burman, both of ACI Apartments with Eugene Marini of KA Enterprises. KA Enterprises is a real estate investment and development company located in San Diego CA.
William Turpin was represented by Charles Street and Benjamin Street from Open Listings Co.
The property consists of seven (7) one-bedroom units and two (2) two-bedroom units. At time of sale, the asset had a new roof and several off-street parking spots at the back and front of the building. The property is located only a few blocks south of El Cajon Blvd in City Heights.
This location offers tenants access to area schools like Euclid Elementary, Ibarra Elementary, Fay Elementary, Horace Mann Middle School, and Will C. Crawford Senior High School. The location is only a few blocks from Colina Del Sol Park which offers access to the Colina Park Golf Course as well as several recreational options.
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