SAN DIEGO, CA - ACI Apartments is pleased to announce the sale of 4030 ½ and 4032 Georgia Street, a 6 unit multifamily complex located in the San Diego Neighborhood of Hillcrest.
The building is situated along Georgia Street, closest to an intersection with Lincoln Ave. The property is located just east of Park Blvd; only a short distance from The Hub, Hillcrest’s local shopping center. The location also boasts close driving proximity to Balboa Park and other Downtown San Diego attractions.
The property was sold by The Demich Trust of San Diego for $2,525,000.
The seller was represented by Brian Raynoha of ACI, while the buyer, the Jasper and Jeanette Sciuto Trust also from San Diego was represented by Peter Oriol of Advantage Real Estate.
The location consists of five 2 bedroom, 2 bathroom units along with a 1278 square foot 3 bedroom, 2 bathroom owner's unit. The back portion of the building was built in 1990, with a front portion added in 2005. The property has an additionally office-gym-bonus space complete with its own bathroom.
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, Brian Raynoha can be reached at 858-869-9290 or via email at brianraynoha@gmail.com