CBRE Facilitates Sale Of 14-Unit Multifamily Properties In Garden Grove For $3.3M

An eight-unit multifamily property located at 10772 Palma Vista Avenue in Garden Grove has been sold for $1.87 million as part of a value-add opportunity. Situated on a 0.45-acre plot, this property presents strong rental demand and growth potential. The buyer will benefit from the promising characteristics of this multifamily asset.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $1.87 million
• Address: 10772 Palma Vista Avenue, Garden Grove
• Market: Garden Grove
• Acres: 0.45

The successful negotiation and facilitation of this Garden Grove transaction were led by the reputable brokers, Andrew Boukather and Dan Blackwell of CBRE. They played a pivotal role in connecting the buyer and seller, ensuring a smooth transaction. The combined efforts of CBRE and the brokers involved contributed to the overall success of this multifamily property sale.