Updated Jul 7, 2025
GID Acquires La Habra Multifamily For $182.5M
951 S Beach Blvd, La Habra, CA, USA
$182,500,000
Units
335
Asset Type
MultiFamily
Closing
Dec 8, 2021
About this deal
AI
The multifamily property located at 951 S. Beach Blvd. in La Habra has been sold for a transaction amount of $182,500,000. The property consists of 335 units, with a per unit price of $544,776. The sale took place on 12/08/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $182,500,000
- Address: 951 S. Beach Blvd., La Habra
- Market: La Habra
The buyer of the property was GID, while the sellers were Northwestern Mutual and Fairfield Residential. Joe Leon from Voit represented the buyer in this transaction.
Players
La Habra MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.09%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93