The 300-unit Cardiff-by-the-Sea Apartment Homes complex has been sold for $71 million. The sale is the largest multifamily property sale in the county to date this year, said commercial real estate services firm Cushman & Wakefield.

The complex is at 2107 Carol View Drive in Cardiff, a community in the city of Encinitas.

Ed Rosen, along with John Chu and Alejandro Lombrozo of Cushman & Wakefield, represented Property West and the seller, Essex Property Trust. They report that Property West assumed the loan on the transaction and will hold the property as an investment.