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Saturday, Feb 4, 2023
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Ramona Apartments Sold

A Ramona apartment complex has been sold for $3.6 million.

Adato Family Properties II bought the 20-unit complex at 1528 Montecito Road from Shadow Glenn Annex

Built in 1979, the complex has 14 two-bedroom, two-bathroom apartments and six one-bedroom, one-bathroom apartments. Some of the apartments have private balconies and fenced yards. The complex also has 32 parking spaces.

Shadow Glen Annex was represented by Terry Moore of ACI Apartments.

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The buyer was represented by Eliel Guerrero of Millennium Financial & Realty.

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