Abacus Capital Group Acquires Apartment Complex In West Covina For $33.9M
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This Other property located in CA was sold for $33,900,000 over 5 years ago. The brokers of the deal were Stewart (Stew) Weston and Dean Zander
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- Location1829 East Workman Avenue, West Covina, CA 91791, USA
- Sale Price$33,900,000$232 PPSF
- Area146,000 SF
- Asset TypeOther
- Parties2 Brokers, 1 Agency
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Deal Summary
SALE
IMAGE: Mark Gleiberman and Ben Friedman
DATE: 10/02/2018
ADDRESS: 1829 E Workman Ave
MARKET: West Covina
CITY: LA
ASSET TYPE: Apartment complex
PRICE: $33,900,000
SF: 146,000
PPSF: $232
UNITS: 138
PPU: $245,700
BROKERS: Dean Zander, Stewart Weston and John Montakab of CBRE Group Inc.
BUYER: Abacus Capital Group
SELLER: MG Properties Group
NOTE: The property, mostly comprised of two- and three-bedroom units averaging more than 1,000 square feet each, contains three swimming pools, a business and fitness center as well as barbecue areas. The Atrium Apartments also have easy access to the 10 freeway. (LABJ)
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1829 East Workman Avenue
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