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Trust Buys Avocado Street Apartments in Costa Mesa

JV Sells 48 Units for $18.5 Million

The apartments were built in 1969 on over four-tenths of an acre in the westside of Costa Mesa multifamily market in Southern California's Orange County. (CoStar)
The apartments were built in 1969 on over four-tenths of an acre in the westside of Costa Mesa multifamily market in Southern California's Orange County. (CoStar)

Sea Wind Properties and a local trust sold the 48-unit Avocado Street Apartments at 301-307 Avocado St. in Costa Mesa, California, for $18.5 million, or about $385,000 per unit, to a private trust.

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