WJK Development Buys Multifamily Property In Huntington Beach For $10.25M

The multifamily property located at 1810 Pacific Coast Highway in Huntington Beach was sold for $10,250,000. The property spans 42,253 square feet, with a price per square foot of $243.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,250,000
• Buyer: WJK Development
• Seller: California Resources Corporation
• Brokers: Kevin Shannon, Ken White, Paul Jones, Brandon White, Chris Benton, Anthony Muhlstein & Gabe Munson - Newmark
• Market: Huntington Beach

The transaction involved key individuals such as Kevin Shannon, Ken White, Paul Jones, Brandon White, Chris Benton, Anthony Muhlstein, and Gabe Munson from Newmark who facilitated the sale of the multifamily property. Both the buyer, WJK Development, and the seller, California Resources Corporation, were represented by these brokers in the deal.