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L5 Real Estate Sells Trolley Palm Apartments in La Mesa

ADC Pays Nearly $22.3 Million for 75 Units
The apartments were built in 1972 on 3.6 acres in the La Mesa multifamily market of San Diego County. (CoStar)
The apartments were built in 1972 on 3.6 acres in the La Mesa multifamily market of San Diego County. (CoStar)
By Lauri Breeze
CoStar Research
July 22, 2021 | 6:07 P.M.

L5 Real Estate Investments sold the 75-unit Trolley Palm Apartments at 4302 Palm Ave. in La Mesa, California, for $22.25 million, or about $297,000 per unit, to ADC Real Estate Group.

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