San Diego Business Journal

Oceanside Apartment Complex Sells for $7.49 Million

Monday, August 26, 2013

Koyl Real Estate Ventures of Placentia has purchased Hillside Gardens, a 58-unit apartment property in Oceanside, for $7.49 million, according to Marcus & Millichap Real Estate Investment Services, which represented the buyer and seller.

The seller of the property, at 504-534 Greenbrier Drive, was MG Properties Group of San Diego. The apartments were constructed on 1.7 acres in 1971.

Marcus & Millichap also assisted MG Properties in an earlier sale of an adjacent 44-unit apartment complex on Greenbrier Drive.

— SDBJ Staff Report