SAN DIEGO, CA - ACI Apartments is pleased to announce the sale of 4039-4045 Highland Avenue, a fourplex property in City Heights, a neighborhood in San Diego.
The building is situated along Highland Avenue between the intersections of Polk Avenue to the north and University Avenue to the south. An alleyway access can be found east of the property, with access points along Polk Avenue and University Avenue. The property is only a few blocks away from the City Heights Retail Village and the Weingart City Heights Library.
The property was purchased by Haris Economus for $560,000.
The buyer was represented by Nick Zalkow and Keith Courtney of ACI, while the seller, the Richard J. Bley Trust was represented by Brian Raynoha of Apartment Advisors.
The property is unique due to consisting of three structures. These include a 2 bedroom and 1 bathroom front house, a single cottage style unit with 1 bedroom and 1 bathroom, and a duplex both consisting of 1 bedroom and 1 bathroom units.
This unique asset is located just north of University Avenue in the City Heights neighborhood, with close proximity to Rosa Parks Elementary school located at the intersection of Wightman and Fairmount. The property’s close proximity to Weingart Library and the City Center make it an ideal location for access to local shopping, food, and recreational events.
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, ACI agents can be reached at 619-299-3000 or via email at contact@aciapartments.com