SAN DIEGO, CA - ACI Apartments is pleased to announce the sale 4040-46 Hamilton Street, a 4 bedroom / 2 bathroom house alongside a structure with four 1 bedroom and 1 bathroom units located in the trendy San Diego neighborhood of North Park.
The buildings are situated along Hamilton Street, with the intersection of Polk Avenue to the north and Lincoln Avenue to the south. The property also has alleyway access to the east. The front house was built in 1927 and has been designated a local historic landmark by the City of San Diego.
The property was sold by the Julio A. Arroyo of Trust of San Diego for $1,530,000.
The seller was represented by Norm Root of ACI, while the buyers, Devon Logan and William Logan were represented by Chuck Hoffman also of Apartment Consultants, Inc. (ACI).
The funds for this purchase came from the sale of a property located at 4269 50th Street as part of a 1031 tax deferred exchange.
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