12/13/2007

Marcus & Millichap lists 112-unit apartment complex in suburban L.A.

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Bradbury Park Apartments

Marcus & Millichap Real Estate Investment Services has the listing for Bradbury Park, a 112-unit multi-family apartment community in Duarte, Calif., about 20 miles northeast of Los Angeles. The listing price of $22 million represents $196,429 per unit.

Marcus & Millichap's Gregory Harris, a vice president of investments at the firm's Encino headquarters, is representing the seller.

The community, located on a 5.8-acre lot along historic Route 66 at 2222 Huntington Dr. in Duarte, consists of eight two-story buildings comprising of 95,876 rentable square feet. It features a mix of studios, one, two and three bedroom apartments with rents ranging from $1,105 to $1,745.

Address: 2222 Huntington Dr., Duarte, CA

Size: 112 units/96,000 square feet

Built: 1981

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Filed Under: Multi-Family

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