The transaction involved two multifamily properties located at 2910 West Ball Road and 314 East Pearson Avenue in Anaheim. The total sale price amounted to $16,770,000 for 53 units across 1.78 acres. The total square footage of the properties is 40,396, translating to a price per unit of $316,415 and a price per square foot of $415.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $16,770,000
• Units: 53
• Acres: 1.78
• Square Feet: 40,396
• Price Per Unit: $316,415
• Price Per Square Foot: $415

CBRE facilitated this transaction for a local investor, which included the acquisition of the 33-unit Aria Apartments for $10.97 million. Additionally, the sale involved the previous property of the investor, a 20-unit property named Pearson Gardens, which sold for $5.8 million, allowing the investor to secure an upgraded asset in a more desirable location.