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Car wash on Carmel Mountain Road sold

The carwash property in Carmel Mountain Ranch at 9821 Carmel Mountain Road, San Diego 92129, has been sold for $2.4 million.

The buyer was 9821 Carmel Mountain LLC, a California limited liability company, 9821 Carmel Mountain Road, San Diego. Maher Younan and Mazin Younan are managers of the new ownership.

The acquisition was financed with a loan of $2.48 million from Community Valley Bank.

The seller of the property (assessor's parcel 315-100-33) was JST International Inc., with Ju Hea Kim president.

The carwash was constructed in 1992 on a 25,700-square-foot corner lot. The property includes a one-story, approximately 5,795-square-foot, one-story building.

JST International acquired the property in mid-2007 for $2.8 million. That acquisition was financed with a loan of $2.24 million from First National Bank of North County. Previously, the property was sold in November 2004 for $1.65 million.

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