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Mark Gleiberman Of MG Properties Sells Canyon Villa Apartments In Chula Vista For $73.75M

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SOLD
$73,750,000

California

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MultiFamily
Sold 09/12/2025
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Property Image
SOLD

Mark Gleiberman Of MG Properties Sells Canyon Villa Apartments In Chula Vista For $73.75M

601 Telegraph Canyon Road

See Similar Deals
MultiFamily
Sold 09/12/2025
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale

The Canyon Villa Apartments, a multifamily asset consisting of 183 units, is located at 601 Telegraph Canyon Road in Chula Vista. The complex was sold for $73.75 million, translating to approximately $403,005 per unit. Originally built in 1981, the property was acquired by MG Properties in 2016 for $45.5 million.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $73,750,000
  • Units: 183
  • Price Per Unit: $403,005
  • Seller: Mark Gleiberman - MG Properties
  • Broker: Northmarq

Mark Gleiberman represented MG Properties in the sale of the property. Northmarq acted as the broker for this transaction. The buyer in this deal remains undisclosed.

Players

NorthMarq
NorthMarq
BROKERAGE
MG Properties
MG Properties
BROKERAGE
Mark Gleiberman
MG Properties
Mark Gleiberman
8 deals$871.1M volume
SELLER

Details

SOLD
IMAGE: Mark Gleiberman DATE: 09/12/2025 ADDRESS: 601 Telegraph Canyon Road MARKET: Chula Vista ASSET TYPE: Multifamily SELLER: Mark Gleiberman - MG Properties (@MG_Properties_) BROKER: Northmarq (@NorthMarq) SALE PRICE: $73,750,000 UNITS: 183 ~ PPU: $403,005 NOTE: MG Properties sold the 183-unit Canyon Villa Apartments in Chula Vista for $73.75M, or $403K per unit. Northmarq brokered the deal, while the buyer was undisclosed; MG had acquired the 1981-built complex for $45.5M in 2016.

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