4138 Hilldale Road - Photo courtesy of Apartment Realty Group Inc.

4138 Hilldale Road - Photo courtesy of Apartment Realty Group Inc.

A La Jolla buyer recorded as Beachfront I LP has acquired a 12-unit apartment property in San Diego’s Kensington neighborhood for approximately $2.77 million, according to brokerage firm Apartment Realty Group Inc. (ARG)

The seller of the property, at 4138 Hilldale Road, was Family Partnership of San Diego. The buyer and seller were represented by ARG’s James Carter and Anastasia Duboshina.

According to CoStar Group and public data, the property was built on 0.28 acres in 1954.