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AZUSA, CALIF. — CBRE has arranged the $53 million sale of Lumia, a 127-unit community in Azusa, 23 miles east of Los Angeles. CBRE’s Chris Tresp, Derrek Ostrzyzek, Rachel Parsons, Mike Murphy and Kenji Thomas represented the seller, Serrano Development, in the transaction. The buyer is an entity doing business as Azusa LLC. Completed in 2024, Lumia features 9,132 square feet of street-level retail and a resort-style pool and hot tub, a fitness center, coworking spaces and pet amenities.