Private Bay Area investors, doing business as Ventura Gardens LLC, purchased the Ventura Gardens apartments for $2.23 million, $62.98 per square foot. The 56-unit complex located at 5500 Foothill Gardens Court in Sacramento was constructed in 1967. Dean Wagerman of Allied Brokers was the former owner, and he represented himself in the sale. Ram Saroay of Saroay Investments represented the buyer, Ventura Gardens LLC.