ACI Apartments Brokers the Sale of 5-Unit Property in San Diego’s North Park Neighborhood

SAN DIEGO, CA - ACI Apartments is pleased to announce the sale of 3734-38.5 Villa Terrace, a 5-unit property spread across multiple buildings located in the San Diego neighborhood of North Park.

The building is situated almost halfway between the Villa Terrace intersections with Kandis Street to the North and Dwight Street to the South. The property is adjacent to a back alleyway with entrances at both Kandis Street and Dwight Street.

The property was Sold by The Kennedy Trust for $1,650,000.

The seller was represented by Norm Root of ACI Apartments, while the buyer, The Richmond 25, LLC, an Alabama limited liability company was represented by Chuck Hoffman and Tiffany Hoffman both also from ACI.

Situated in the heart of North Park, 3734-38.5 Villa Terrace consists of one 2-bedroom 1-bathroom front house with attached garage and separately owned washer and dryer, one 2-bedroom 1-bathroom apartment, two 1-bedroom 1-bathroom units set into an up-and-down duplex, and one 1-bedroom 1- bathroom house set along the alley.

On-site features include a separate laundry room with owned washer and dryer, along with a quiet, common area. The property is located 3 blocks from Morley Field in Balboa 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. 

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