A Point Loma apartment complex has been sold for $16.4 million.
The View apartments, 3788 Elliott St., was sold by Point Loma Equity Fund, LLC to The View Owner, LLC based in Chicago.
Built in 1966, the complex has 34 apartments ranging from 879 square feet to 1,241 square feet.
The apartments have stainless steel appliances, quartz countertops, vinyl-hardwood flooring, full-size washers and dryers and new custom finishes.
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Tyler Sinks, Ed Rosen and John Chu of Berkadia’s San Diego office represented both parties in the transaction.
“The buyer recognized the long-term value in owning an irreplaceable, one-of-a-kind coast asset like The View,” Sinks said.
Real estate reporter Ray Huard may be reached at rhuard@sdbj.com or 858-277-8904.
