9859 Dale Ave.
Photo courtesy of Pacific Coast Commercial

9859 Dale Ave. Photo courtesy of Pacific Coast Commercial

A Casa de Oro apartment building has been sold for $3.5 million.

The 12,598 square foot building was sold to Robert P. Fraas.

The seller was Dale Point Partners.

Built in 1980, the building has 16 apartments.

There are eight two-bedroom, two-bathroom apartments averaging 920 square feet and eight one-bedroom, one-bathroom apartments averaging 615 square feet, according to CoStar, a real estate listing service.

The project includes 15 garages.

Representing the seller from Pacific Coast Commercial were Bill Fliflet, a broker associate of investment sales and leasing, and Mack Langston, director of multifamily and investment sales.

The buyer was represented by Elizabeth Martin of Sunset Pacific Realty, Inc.

Real estate reporter Ray Huard may be reached at rhuard@sdbj.com or 858-277-8904.