The Daily Transcipt * is reporting that a 4-unit apartment on Del Monte Avenue in south Ocean Beach has sold for $857,500 – cash.
The apartment complex located at 5010-5014 Del Monte Ave is actually a group of smaller cottages – most joined together, one block from Sunset Cliffs and the ocean. They consist of a two-bedroom, one-bath unit, and three one-bedroom units. It is a one-story, three building complex built in 1951 on a 5319 square foot lot.
The buyer: Sheldon A. Ostroff APC Defined Benefit Pension Plan, 1441 State St., San Diego 92101.
The seller: Paul J. Ireland, successor trustee of the Ireland Trust.
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