LOS ANGELES, Calif. (September 26, 2011)�Southern California-based California Landmark Group (CLG) has added to its growing portfolio of urban-infill residential properties with the recent purchase of Villa Pacific, a 64-unit apartment community in Oceanside, CA.

The $8.19 million purchase price, which represents a per-unit cost of $128,000, was below the lender's appraised value of the property.