A private investor recently purchased Cambridge Garden, a 76-unit multifamily community in West Covina, Calif., for a price of nearly $12.5 million.

The sales price represents $163,816 per unit.

Sold by Redfern Family Trust, the 73,826-square-foot apartment community consists of five two-story buildings situated on a 5-acre lot at 2601 East Valley Blvd.

Cambridge Gardens features one- and two-bedroom units. Amenities include a swimming pool, tennis courts, covered parking and air-conditioning units.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
Use code JULY4 at checkout & save $50 on your Connect Now Bundle!Get the deal×