ACI Apartments Brokers the Sale of Duplex Apartment Property in San Diego’s Imperial Beach

SAN DIEGO, CA - ACI Apartments is pleased to announce the sale of 229-31 Elkwood Avenue, a duplex located only a block from the Pacific Ocean in the Imperial Beach.

The building is situated just east of the intersection of Elkwood Avenue and 2nd Street. A back alleyway can be accessed south of the property with entry accessible from both 2nd Street and 3rd Street.

The property located at 229-31 Elkwood Ave, was purchased by Karen Hoyt of San Diego for $850,000.

The buyer was represented by Matt Hoyt of ACI. The seller, Buckeye Investments LLC, also from San Diego, was represented by Ken May of Park Life Real Estate.

The property consists of two units only one block from the Pacific Ocean. The location has a complete remodel with new kitchen, new baths, new flooring, new drywall, upgraded electrical, all new lighting, doors, baseboards, and other improvements.

The front house is a 2 bedroom 2 bath home with a private back patio and cute front yard. The one car garage has a large storage room in the back. The back unit is a 1 bedroom 1 bath home which has its own parking spot and private outdoor sitting area.

In addition to a fantastic new remodel of this 2 unit property with all new windows, kitchen, baths, flooring, the asset is directly across from the Elkwood Park.

Established in 1982, Apartment Consultants, Inc. (ACI) is a multifamily brokerage firm that specializes in apartment and investment property transactions. We have maintained a solid performance despite changing economic cycles with an average of more than 140 closed escrows per year – that’s more properties than the number two and number three firms combined.  Learn more about ACI at www.aciapartments.com

For more information about this transaction, Matt Hoyt can be reached at 619-865-4480 or via email at matthoyt@aciapartments.com

TRENDING

CIBC Continues Commitment to Affordable Housing with Thrive on King Historic Adaptive Reuse Project in Downtown Milwaukee MILWAUKEE, WI - CIBC announced its involvement in the Thrive on King project, a historic adaptive reuse initiative that will transform a former department store building into 90 units of affordable housing in downtown Milwaukee. "We are excited to be a part of the Thrive on King project, which...

More Stories

Get The Newsletter

Get The Newsletter

The latest multifamily industry news delivered to your inbox.