Marcus & Millichap Brokers Huntington Multifamily Sale For $20M

The transaction involved a multifamily property located at 16102 Springdale St, Huntington Beach, which was sold for $20,000,000.00. The property is part of the Huntington market. The specifics regarding the number of units or additional features of the property are not mentioned.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $20,000,000.00
• Address: 16102 Springdale St, Huntington Beach
• Market: Huntington
• Buyer: Unknown
• Brokers: Matt Ziegler - Marcus & Millichap, Matthew Kipp - Marcus & Millichap

Matt Ziegler and Matthew Kipp from Marcus & Millichap were instrumental in representing the seller and facilitating the acquisition for the unidentified buyer. This sale is part of a larger portfolio transaction in Southern California, which also included another multifamily property in Culver City.