SAN DIEGO, CA - ACI Apartments is pleased to announce the sale 1562 Altadena Ave, a 4 unit property located in the San Diego neighborhood of City Heights. The building is situated along a turn on Altadena Ave near the intersection between Altadena and 50th Street. The property is close to the intersection of Federal Blvd and Euclid Avenue, with direct access to the I-94 freeway with direct access to downtown San Diego.
The property was sold by 1562 Altadena LLC for $799,000. The seller was represented by Ricardo Lopez of ACI, while the buyer, Brian Nguyen and Vi Phuong Minh Vo were represented by Victor Phan.
The property consists of a unit mix of two 2 bedroom 1.5 bath and two 1 bedroom 1 bath units. Constructed in 1975, the property is located in a high-demand rental market. The location offers four tandem carport spaces and an onsite laundry room. The property is centrally located only 0.3 miles from the I-94 freeway, allowing for quick access to Downtown San Diego, the I-805, and the I-15 interchanges. The property is also within walking distance of a number of food and fitness locations as well as a number of area schools.
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 contact Ricardo Lopez at 619-736-0201 or ricardolopez@aciapartments.com