4 Units in El Cajon Sold for $761,000

SAN DIEGO - Sept. 23, 2015 - PRLog -- ACI Apartments is pleased to announce the recent sale of a 4 unit complex in the City of El Cajon. The 2,904 square foot property, located at 532-538 E. Lexington Avenue, was purchased by The Wendy Walker Sommars Trust for $761,000.

Terry Moore CCIM of ACI represented the Seller, William Neilson II. The buyer was represented by Doug Taber of Apartment Realty Group.

The pride of ownership property has four 2bd/1ba units with a washer and dryer hook up in each unit. The seller has put more than $170,000 into upgrades in the last five years. Two of the units have central heat and air. Property is in almost condo condition.

ACI is the most successful income property brokerage firm in the county. Since 1982, they have specialized in apartment and investment property transactions, and maintained a solid performance despite changing economic cycles. With an average of more than 140 closed escrows per year, ACI has closed more San Diego County income property escrows than any other firm in the county – that’s more properties than the number two and number three firms combined.