California Landmark Group (CLG) has purchased Serenata, a new, 45–unit townhome community in San Diego, for $10.15 mil ($225.5k/unit). Located at 6410 College Grove Dr, north of the 94 Fwy by Chollas Lake Park, the complex was built in 2009 and consists of all three–bedroom/two–bath units.
Even though the region is cluttered with hundreds of unsold new condominiums, Los Angeles developer California Landmark broke ground this week on a $10 million condo development near Westwood.