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Apartment in Pacific Beach on Agate sold

The eight-unit apartment in Pacific Beach at 765 Agate St., San Diego 92109, has been sold for $2.5 million.

The buyers were Richard Donald Geelan and Mildred Joanne Geelan, 2623 Erie St., San Diego 92110.

The acquisition was financed with a loan of $1 million from JPMorgan Chase Bank (NYSE: JPM).

The seller of the property (assessor's parcel 415-152-07) was Sharlynn R. Circo, as successor trustee of the John Chew and Anne K. Chew Trust A FBO Malynn Brown, and as trustee of the Sharlynn R. Circo Declaration of Trust.

The two-story, approximately 5,264-square-foot apartment was constructed in 1964 on a 7,248-square-foot lot.

The apartment consists of 15 bedrooms and eight bathrooms.

The property was sold in October 1999 for $890,000, with financing of $568,000 from Washington Mutual Bank.

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