Marcus & Millichap Sells Beachmont 45-Unit Multifamily In La Habra For $15.6M

A 45-unit beachfront apartment community known as Beachmont located at 400 South Beach Boulevard in La Habra, North Orange County has been sold for $15,600,000. The price per unit for the property comes to approximately $346,667. Recent improvements to the asset include the installation of new windows, roofs, and exterior painting.

Summary of transation details:

• Property Type: MultiFamily
• Transaction Amount: $15,600,000
• Units: 45
• Price Per Unit: $346,667
• Brokers: Tyler Leeson & W. Michael Cavner - Marcus & Millichap
• Date of Sale: 10/24/2024
• Address: 400 South Beach Boulevard, La Habra

The transaction was facilitated by Tyler Leeson and W. Michael Cavner, both representing Marcus & Millichap in the deal. The identities of the buyer and seller remain undisclosed.