7570 Church St.
Photo courtesy of South Coast Commercial

7570 Church St. Photo courtesy of South Coast Commercial

 

A Lemon Grove apartment building has been sold for nearly $4.9 million.

Dirac Real Estate Holdings, LLC based in Del Mar bought the property at 7570 Church St. from Ocean Village, LLC based in Escondido.

The building has 17 apartments ranging from 900 square feet to 1,050 square feet.

Benn Vogelsang of South Coast Commercial, Inc. represented the buyer and seller.

“This was one of the better cash flow deals with newer vintage, great unit mix, and plenty of storage and parking,” Vogelsang said.