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Tuesday, Jun 25, 2024
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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.

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

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