Dunbar Real Estate Investment Management Acquires 28-Unit Multifamily In La Mirada For $11.1M

A multifamily apartment building located at 1628 La Mirada Boulevard, La Mirada, was sold for $11.1 million. The property features 28 units, with a price per unit of $396,429.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $11,100,000
• Address: 1628 La Mirada Boulevard
• Market: La Mirada
• Units: 28
• Price Per Unit: $396,429
• Buyer: Ross Mitchell - Dunbar Real Estate Investment Management
• Seller: Charles Tourtellotte - LaTerra Development
• Buyer's Representative: Dean Zander - Newmark
• Seller's Representatives: Joe Leon & Nick Ingle - Voit Real Estate Services

The transaction involved Ross Mitchell representing Dunbar Real Estate Investment Management as the buyer, with Dean Zander from Newmark facilitating the purchase. Charles Tourtellotte represented LaTerra Development as the seller, while Joe Leon and Nick Ingle of Voit Real Estate Services represented the seller in this deal.