ANAHEIM, CALIF. — CBRE has arranged the sale of two communities in Anaheim. The properties total 20 units and were sold to two separate buyers for over $5.5 million.
A property at 1121-1125 West Fay Lane traded hands for $2.9 million. CBRE’s Dan Blackwell, Andrew Boukather and Amanda Fielder represented the seller, a private investor based in Orange County. Blackwell and CBRE’s Sean Farag also represented the buyer, a repeat client also based in Orange County. The asset was built in 1964 and comprises 12 units across two buildings. Units come in one- and two-bedroom layouts.
Blackwell, Boukather and Farag also represented a repeat buyer in the $2.6 million purchase of a property at 311 & 315 S. Kroeger St. The seller was a private investor based in San Diego County and the buyer was a private investor based in Orange County. The community was built in 1964 in Anaheim’s historic Colony District area. The complex comprises two fourplex buildings that rise two stories and offer two- and three-bedroom units.