California

FULLERTON, CALIF. — CBRE has arranged the sale of a 10-unit building located at 3926 Franklin Ave. in Fullerton, just north of Anaheim, California. The asset traded hands for $2.7 million in an off-market transaction. Built in 1985, the two-story building comprises 7,410 square feet and offers exclusively two-bedroom units. The property also includes 17 parking spaces, including 12 garage spaces, as well as an on-site laundry facility. Dan Blackwell of CBRE, along with Andrew Boukather, who is now with MBI Equity Partners, represented the Los Angeles County-based buyer in the …

NEWPORT BEACH, CALIF. — CBRE has arranged the $2.4 million sale of a nine-unit property located at 6744 Orizaba Ave. in Long Beach, 25 miles south of Los Angeles. Built in 1973, the building comprises 7,770 square feet across two stories. The community is situated on a 9,540-square-foot lot at the corner of Orizaba Avenue and East 67th Way. The unit mix includes one studio and eight two-bedroom apartments. The community also offer an on-site laundry facility and 10 single-car garages. The roof was replaced in 2017. Dan Blackwell, Trey Mitchell …

HUNTINGTON BEACH, CALIF. — CBRE has arranged the sale of an eight-unit property at 212 15th St. in Huntington Beach, approximately 20 miles southwest of Anaheim, California. The asset traded hands for $3.9 million in a 1031 exchange. Dan Blackwell and Mike O’Neill of CBRE represented the seller, a local family trust, in the transaction. CBRE also procured the Orange County-based buyer. The 6,538-square-foot property is situated across a double lot. The community offers a mix of one- and two-bedroom units. Each apartment includes a private patio or balcony and …

HUNTINGTON BEACH, CALIF. — CBRE has arranged the sale of an 18-unit property located at 125 16th St. in Huntington Beach, about 20 miles southwest of Anaheim, California.  The property totals 15,809 rentable square feet across six lots. Units come in one-, two- and three-bedroom layouts. Select apartments have ocean views and either a private patio or balcony. Amenities include a courtyard, sun deck, laundry facilities and an on-site manager. Dan Blackwell and Mike O’Neill of CBRE represented the seller, a local family trust, in the transaction. Additionally, CBRE represented …

HUNTINGTON BEACH, CALIF. — CBRE has arranged the sale of two neighboring fourplexes located at 317 and 321 22nd St. in Huntington Beach, about 20 miles southwest of Anaheim, California. The assets traded hands for a total of $5.4 million. Dan Blackwell and Mike O’Neill represented the seller, a local family trust, in the transaction.  Each two-story property comprises 4,101 rentable square feet. Both buildings offer a mix of one-, two- and three-bedroom apartments with either a patio or balcony. Additionally, each property features six single-car garages, one open-space parking …