Marcus & Millichap Brokers Sale of Cypress Villa Apartment Property in Covina, California
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Marcus & Millichap Brokers Sale of Cypress Villa Apartment Property in Covina, California
COVINA, CALIF. — Marcus & Millichap has arranged the sale of Cypress Villa, a multifamily community at 19529 E. Cypress St. in Covina. Forgette Family Trust sold the asset to SRI Properties LLC for $2.8 million. Built in 1984, Cypress Villa offers 11 two-bedroom/one-bath units with central air conditioning and heat, two parking spaces per unit and access to an onsite laundry room. Additionally, each unit is individually metered for gas and elect…
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