The property is situated on a quiet hilltop site with easyaccess to Interstate 8 and Highways 125/94. Brokers for the dealnote that the location provides convenient access to MissionValley, Downtown and the beach. The one- and two-bedroom communityfeatures such amenities as resort-style pool, recreational/exercisefacility, outdoor barbecue areas, and common laundryfacilities.
Kevin Mulhern and Dick Schneider of CB Richard Ellis' San DiegoCentral office represented the buyer and seller in thetransaction.
Countywide, apartment sales have reached their highest level ina decade, and rents in many areas continue to climb in thedouble-digit range as demand far outstrips supply.
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