4521 and 4525 Park Blvd. -- Photo courtesy of Apartment Consultants Inc.

4521 and 4525 Park Blvd. -- Photo courtesy of Apartment Consultants Inc.

San Diego-based Urban on Park LLC has purchased a 10-unit apartment complex in University Heights for approximately $2.4 million, according to brokerage firm Apartment Consultants Inc., also known as ACI.

The seller of the property, at 4521 and 4525 Park Blvd., was Chika Revocable Trust of San Diego. The buyer was represented by ACI’s Brian Raynoha, and the seller was represented by Richard Elias of Century 21 Award.

Brokers said the buyer plans extensive capital improvements.