Huntington Beach Apartments Trade After 30-Year Hold
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Huntington Beach Apartments Trade After 30-Year Hold
CBRE closed the $7.4-million sale of the 18-unit Yorktown Apartments at 7701 Yorktown Ave. in Huntington Beach, marking the property’s first time on the market in more than 30 years. The sale price equated to $411,111 per unit and $465 per square foot. The CBRE team of Dan Blackwell and Mike O’Neill represented the Newport Beach-based private seller, who was in a 1031 exchange, and the all-cash private buyer, also from Newport Beach. “Leveraging…
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