The Mogharebi Group Sells 310-Unit Multifamily Property In Huntington Beach For $127M

The multifamily property located at 6762 Warner Avenue in Huntington Beach has been sold. The transaction was facilitated by Brett Bayless, Bryan LaBar, and Nick Earl from The Mogharebi Group, representing the seller. The property was purchased for a total sale price of $127,000,000. It sits on a spacious 14.05-acre lot and consists of 310 units, resulting in a per unit price of $409,677.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $127,000,000
• Address: 6762 Warner Avenue, Huntington Beach
• Market: Huntington Beach
• Units: 310
• Price per Unit: $409,677
• Acres: 14.05

Acting as the mortgage broker in this transaction was Jason Krupoff from Bellwether Enterprise. His involvement was crucial in facilitating the deal between the buyer and the seller. The Mogharebi Group, with representatives Brett Bayless, Bryan LaBar, and Nick Earl, played an essential role in representing the seller and ensuring a successful sale of the multifamily property.