La Mesa Apartment Complex Sells for $20M

A 133-unit apartment complex at 7400 Parkway Drive in La Mesa recently sold for $20 million or $150,376 per unit.

Pacific Urban Residential of Los Angeles was the buyer of Silver Oaks apartments, according to CoStar Group. The seller was Silver Oak Associates Ltd.

The garden-style apartment complex was built on 6.14 acres in 1976 and was renovated in 1998, according to the San Diego Business Journal.