SAN DIEGO, CA - ACI Apartments is pleased to announce the sale of 4028 46th Street, a 4 unit beautifully maintained property located in the San Diego neighborhood of City Heights.
The transaction is the highest selling price for a City Heights fourplex in the area’s history. The building was constructed in 2005 by well-known City Heights developer, David Chau. Mr. Chau has developed many multi-family and retail locations in City Heights, including the stunning transformation of the Silverado Ballroom.The building is situated just north of the intersection of University Avenue and 46th Street within close proximity to local rapid transit focused renovations..
The property was sold by Ngo Chau, Dan Chau, David Chau, and Tom Chau, all of San Diego, for $1,165,000.
The sellers were represented by Arby Eivazian of ACI, while the buyers, Kyung Ha and Kil Rhan Koh were represented by Marge and James Ouimet of Remax.
The property consists of all condo-quality three bedroom and two bathroom units. The property offers two parking spaces per residence, balconies for the second level, and a spacious open floor plan. The property is pleasantly situated near other redevelopment projects currently underway in City Heights..
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