Derby Terrace Apartments
Photo courtesy of Prime Property
A Del Mar Heights apartment complex has been sold for nearly $7.7 million.
Derby Terrace Apartments, 14103-14163 Old El Camino Real, was sold by Derby Terrace, LLC.
The buyer was Derby Terrace Homes LLC.
Jeff Rogoway of Prime Property represented the buyer.
Dave Shattles of Real Estate Services represented the seller.
The project has 24 two-bedroom, two-bathroom apartments with monthly rents of $1,669.
It was fully leased at the time of sale.