A Linda Vista apartment building has been sold for $11.6 million.
Lauretta 12 Enterprises, LLC bought the Morley Street Apartments, 2202 Morley St., from SHS Development Corp.
Built in 1959, the complex has 45 apartments that average 804 square feet, according to CoStar, a real estate listing service.
Christopher J. Zorbas, senior managing director of investments, and Austin Ray Huffman, of the San Diego offices of Marcus & Millichap represented the buyer and seller.
Real estate reporter Ray Huard may be reached at email@example.com or 858-277-8904.