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COSTA MESA, CA-CT Realty Investors and WLCM have sold three apartment communities located within a mile of each other here for $13.6 million. The three communities were sold to two local private parties.

The three communities are Beachwood Apartments, an 18-unit community at 324 Victoria St.; College Avenue Apartments, a 16-unit community at 2290 College Ave.; and Orange Apartments, a 21-unit community at 2159 Orange Ave. CT Realty had acquired the three communities in a larger multifamily coastal aggregation strategy in May of 2011 and renovated the assets to enhance the value of the portfolio.

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