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SOLD

Marcus & Millichap Brokers $4.8M Sale Of Baseline Apartments In San Dimas

144 & 150 East Baseline Road

MultiFamily
clock iconSold 1 year ago
Douglas McCauley
David Covarrubias
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Summary

Sale
CALIFORNIA
MultiFamily

Marcus & Millichap has brokered the sale of Baseline Apartments, a 16-unit apartment property located at 144 & 150 E Baseline Rd. in San Dimas, California, for $4,825,000. The property spans two parcels totaling 0.86 acres and offers a mix of two and three-bedroom units. It was marketed as having an outstanding location and a high barrier to entry.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $4,825,000
  • Units: 16
  • Price Per Unit (PPU): $301,563
  • Address: 144 & 150 E Baseline Rd
  • Market: San Dimas
  • Acres: 0.86

The sale of Baseline Apartments was facilitated by Douglas McCauley & David Covarrubias, brokers from Marcus & Millichap.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Douglas McCauley's profile picture
Douglas McCauley
Marcus & Millichap-image
Senior Vice President Investments
$32.7M Sold

Details

Deal Summary
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SOLD
IMAGE: Douglas McCauley & David Covarrubias DATE: 04/28/2023 ADDRESS: 144 & 150 E Baseline Rd MARKET: San Dimas ASSET TYPE: Multifamily ~ ACRES: 0.86 BROKERS: Douglas McCauley & David Covarrubias - Marcus & Millichap (@MarcusMillichapLosAngeles) SALE PRICE: $4,825,000 UNITS: 16 ~ PPU: $301,563 NOTE: Marcus & Millichap has brokered the sale of Baseline Apartments, a 16-unit apartment property located at 144 & 150 E Baseline Rd. in San Dimas, California, for $4,825,000. The property, which spans two parcels totaling 0.86 acres and offers a mix of two and three-bedroom units, was marketed as having an outstanding location and a high barrier to entry.

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Address144 & 150 East Baseline Road

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