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Oceanside Multifamily Sells for $24 Million

Seller is an Irvine-based trust

An Irvine-based trust sold a 72-unit apartment building in North San Diego County for $24 million.

John Darcy Bolton Living Trust sold Ocean Breeze Village at 2070 Poplar Road in Oceanside to San Diego-based Mendridge 13 LLC, a company headed by Denisse Mendivil. The transaction closed on Aug. 13.

The 69,630-square-foot apartment property on nearly 9.6 acres was built in 1989 and is located near Oceanside’s Central Business District.

Drew Holden and Tyler Leeson of Marcus & Millichap’s Las Vegas and Orange County office, respectively, listed the property on behalf of the seller and procured the buyer.

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Parimal Rohit
Parimal Rohit
Parimal M. Rohit has nearly two decades of experience in journalism and recently covered Texas real estate for CoStar News and Austin Business Journal. He was also the editor of The Log, covering Southern California's and Northern Mexico's maritime and environmental spaces. Throughout his career, Rohit has also covered the Los Angeles Lakers, Los Angeles Dodgers, Bollywood and California politics. Rohit won 12 reporting awards from the San Diego Press Club, including best environmental reporting and best essay/commentary, and the Fort Worth chapter of the Society of Professional Journalists. His hobbies include photography, podcasting, travel and filmmaking. He is also the recipient of several fellowships, including one through the USC Annenberg Center for Health Journalism and another through the RK Mellon Foundation.
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