Marcus & Millichap negotiated the sale of the four-star Americana Mobile Home Park in Paramount, Calif.

The value of the transaction was approximately $12.9 million.

Americana Mobile Home Park is located at 16600 Downey Ave. The community was constructed in 1960 and includes 170 units on approximately 16 acres. Community amenities include a pool, spa, basketball court and clubhouse.

San Rafael, Calif.-based Giraudo Investments LLP purchased the property from Irvine, Calif.-based Associated Americana MHP LLP in a 1031 exchange.

Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage.


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