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.
On the Map
$182,500,000
MultiFamily
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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