An Imperial Beach apartment complex has been sold for $9.5 million.
The 24,144 square-foot complex at 870 13th St. has 33 apartments.The seller was Fourier Real Estate Holdings, LLC.
The buyer was Xavier Family Trust, according to CoStar, a real estate research firm.
Peter Scepanovic and Corey McHenry of Collier International’s Multi Advisory Group in San Diego represented both parties.
“This newly renovated community provides an ideal coastal living experience in a serene pocket of Imperial Beach,” Scepanovic said. “Just minutes from the beach, this convenient location and comfortable suburban setting makes Imperial Beach Palms an ideal investment opportunity.”