CBRE Brokers $7.61M Multifamily Sale In Fullerton & Buena Park

CBRE has brokered the sale of two multifamily properties in northern Orange County, California, totaling 24 units for a combined $7.61 million. The transactions include the $4.2 million acquisition of a 16-unit property located at 1801-1809 East Wilshire Avenue in Fullerton, which is the largest apartment deal in the area this year. Additionally, an eight-unit property located at 7012-7024 El Dorado Drive in Buena Park was purchased for $3.41 million, making it the sole multifamily property sold in the area this year. Both properties are situated on a combined 0.7 acres.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $7,610,000
• Address: 1801-1809 East Wilshire Avenue & 7012-7024 El Dorado Drive
• Market: Fullerton & Buena Park
• Number of Units: 24
• Price Per Unit: $317,083
• Brokers: Amanda Fielder & Daniel Blackwell - CBRE

These transactions were facilitated by Amanda Fielder and Daniel Blackwell from CBRE.