In the first deal, the 21-unit Mohican Apartments at 1152 N.Mohican Way in Anaheim was sold by a private partnership, MohicanProperties LLC of Corona del Mar, for $1.33 million. MorganSkenderian represent the buyer, Mohican 1152 Partners LLC of SanGabriel. The seller was represented by the Newport Beach office ofInvestment Property Group.

In the second transaction, Morgan Skenderian representedOrange-based seller FDK Enterprises in the $2.1 million sale of the40-unit Florburn Apartments at 6314-6324 Fishburn Ave., Bell. StarFunding Realty's Montebello office represented the buyer, privateinvestor Reynaldo Tobias of La Habra.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.