CBRE Brokers $6.8M Sale of 28-Unit Community Near Los Angeles

by Jeff Shaw

BREA, Calif. — CBRE has arranged the sale of Williams Senior Apartments, a 28-unit age-restricted community in the Los Angeles suburb of Brea, for $6.8 million.

Restoration Enhancement acquired the property from a private buyer in a 1031-exchange transaction.

The property was recently upgraded and is located near the Brea Downtown entertainment center, which features 350,000 square feet of retail, shops, restaurants, entertainment and nightlife.

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