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MBK Homes starts new rental project in San Diego

MBK Rental Living, a division of MBK Homes, plans to begin preleasing next month on its 100-unit Ocean Air high-end apartment complex under construction near Torrey Pines, the Irvine-based home builder announced Monday at a media tour of the project.

Preleasing will occur on the jobsite at 10702 West Ocean Air Drive in the city of San Diego and at liveoceanair.com.

Approximately 125 people have signed up for information on the rental units via the Open Air website since it went online almost two weeks ago, according to Craig Jones, vice president of apartment acquisitions and asset management for MBK Homes.

“One bedroom units are going to start north of $2,000 per month,” said Jones. “These apartments will be high-end units with amenities you find in a for-sale home.”

Construction, just under $40 million in cost, is at around the halfway point. The project consists of five attached housing structures, 20 units each, on a 4.6-acre lot that was previously undeveloped above Vista Sorrento Parkway.

There will be one, two and three-bedroom townhomes (some with loft options), with one-and-a-half to three-and-a-half bathrooms. Each unit will range from 1,067 to 1,630 square feet with one- and two-car garages.

Units are designed to have open-concept living areas built with for-sale quality finishes and amenities such as accent walls, two-tone paint schemes, upgraded General Electric stainless-steel appliances, 9-foot ceilings, wood-style flooring, granite countertops in kitchens, stone slab Piedrafina countertops in baths and modern Shaker-style cabinetry.

Units will also have energy-efficient washers and dryers, tank-less water heaters, USB charging outlet in kitchens, flat panel TV connections in the living room and a programmable door chime.

Common areas of Ocean Air will include an outdoor kitchen and fire pit, community barbecues and a pet wash station.

A 1-acre city public park will also be installed as part of the project and will feature a walking trail, a children's playground and exercise facilities.

The first building will be completed in October, with the entire project slated for completion in February 2015, according to Jones.

Summa Architecture designed the housing project. Gillespie Moody Patterson Inc. has been hired to design the landscape and the property manager will be Alliance Residential.

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