Real Estate Briefs

 

May 12, 2015

 


Mobile home park on Bradley in El Cajon sells

The 162-space Starlight Mobile Home Park at 351 E. Bradley Ave., El Cajon 92021, has been sold for $17,981,000, cash.

The buyers are Starlight MHP LLC (34.5 percent), Davis Group Exchange LLC (52.7 percent) and Starlight Exchange LLC (12.8 percent), 320 N. Park Vista St., Anaheim, 92806.

The seller of the property (assessor's parcels 485-030-33 and 34) was Starlight Mobile Home Park, a California general partnership, with Barrington Management LLC as general partner. The Nelson M. Millsberg Intervivos Trust is the member of Barrington Management and Nelson M. Millsberg is the trustee of the trust.

The property was sold for $6.3 million in January 2008.


Mission Beach apartment sells

The Mission Beach triplex at 730-732½ Ormond Court, San Diego 92109, has been sold for $1,295,000.

The buyer was Doanld Permadi, 162 Vista Ridge Circle, Hinckley, Ohio 44233.

The acquisition was financed by a loan of $870,200 from Wells Fargo Bank.

The sellers of the property (assessor's parcel 423-601-08) were Robert G. and Idelma F. Ozarski.

The property consists of a pair of two-bedroom/one-bath units and a single one-bedroom unit, totaling 2,064 square feet. Other features are laundry hook ups, patio areas, a double garage and additional off-street parking. The two-story apartment was constructed in 1940 on a 2,740-square-foot lot.

In June 1998, the property sold for $395,000 with financing of $316,000.


 

May 12, 2015