SAN DIEGO, CA - ACI Apartments is pleased to announce the sale 4423-29 48th Street, a 5 unit Apartment property located in the San Diego neighborhood of Talmadge.
The building is situated just north of El Cajon Blvd along 48th Street. The street intersects with Monroe Ave to the north. Alleyway access to the back of the building can be found above El Cajon Blvd as well as along Estrella Ave, a parallel street to 48th to the East. This property’s close proximity to the neighborhood of Talmadge provides easy walk-ability to area food and retails, as well as easy freeway access.
The property was purchased by Julie Abraham and Kevin Crikelair of Coronado for $1,015,000.
The buyers were represented by Chris Siedenburg of ACI, while the sellers, Ian Gibson and Kamele Gibson of San Diego were represented by Blake Tagmeyer of Cushman and Wakefield. Teresa McElaney of Chicago Title and Debby Body of Fidelity National both provided Title services associated with the escrow of this transaction.
The property has a strong unit mix of five 1 bedroom and 1 bathroom units. In addition, the location offers four parking garages and on-site laundry.
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 Chris Siedenburg can be reached at 619-725-3648 or chrissiedenburg@aciapartments.com