4825 70th St.
Photo courtesy of ACRE Investment Real Estate Services

4825 70th St. Photo courtesy of ACRE Investment Real Estate Services

A College Area apartment complex has been sold for nearly $3 million.

The Spanish Family 199 Trust bought the complex from The David W. Figg Trust.

Dylan Wright, vice president of ACRE Investment Real Estate Services and Matt Robinson, a senior director at ACRE, represented the seller.

The buyer was represented by ACRE Vice President David Andrews.

Built in 1976, the 10072 square-foot complex is on a 15,036 square-foot lot and has 16 apartments with 12 parking spaces and three double garages and a laundry room.

There are 14 one-bedroom, one-bathroom apartments and two two-bedroom, two-bathroom apartments.

Real estate reporter Ray Huard may be reached at rhuard@sdbj.com or 858-277-8904.