TOP APARTMENT SALES
Nova Bayport Fetches $38 Million in Biggest Sale
APARTMENT SALES
Largest OC apartment sales in 2002
NOVA BAYPORT
12051-12051 Bayport St.
Garden Grove
$38 million
Buyer: Eagle OC 402 LLC
Buyer representative: Moran & Co.
Seller: Bayport Crystal LP
Seller representative: Moran
ARBORETUM AT
LAKE FOREST
22706 Lake Forest Drive
Lake Forest
$31.8 million
Buyer: Essex Arboretum Apartments LP
Buyer rep: Hendricks & Partners
Seller: Northwestern Mutual Life Insurance
Seller rep: Hendricks & Partners
SLATE CREEK APARTMENTS
1440 W Lambert Road
La Habra
$25.6 million
Buyer: NF La Habra Investors LP (et al.)
Buyer rep: Marcus & Millichap Real Estate Investment Brokerage Co.
Seller: Townhouse Apartments at Slate Creek
Seller rep: Marcus & Millichap
AVANTI APARTMENTS
650-700 W. Broadway
Anaheim
$17.6 million
Buyer: SP/P Avanti LLC
Buyer rep: CB Richard Ellis Services Inc.
Seller: Summerhill Property LLC
Seller rep: CB Richard Ellis
PARK PLACE
300- 301 W. 2nd St.
Santa Ana
$16.7 million
Buyer: Santa Ana Park Place Associates LLC
Buyer rep: Marcus & Millichap
Seller: 300 West 2nd LLC
Seller rep: Hendricks & Partners
ARBOR COURT
9950 Juanita St.
Cypress
$15.3 million
Buyer: Western Arbor Court Partners LP
Buyer rep: Marcus & Millichap
Seller: Cypress Grove Apartments LP
Seller rep: Marcus & Millichap
THE LAKE APARTMENTS
2800-2842 Madison Ave.
Fullerton
$14 million
Buyer: Granite Lake Apartments LLC
Buyer rep: Hendricks & Partners
Seller: F & F Lake Associates LLC
Seller rep: Marcus & Millichap
CYNTHIA CIRCLE
APARTMENTS
11031 Cynthia Circle
Garden Grove
$11.2 million
Buyer: Granite Cynthia Circle LP
Buyer rep: Grubb & Ellis Co.
Seller: Cynthia Circle Apartments LLC
Seller rep: Grubb & Ellis
MILE SQUARE APARTMENTS
4800-4826 W. Mcfadden Ave.
Santa Ana
$11 million
Buyer: Mercado Del Rio Investors LLC (et al.)
Buyer rep: CB Richard Ellis
Seller: Mile Square Apartments LLC
Seller rep: Hendricks & Partners
CITRUS POINTE
2444-2456 W. Orangethorpe Ave.
Fullerton
$8.4 million
Buyer: Citrus Pointe Apartments LLC
Buyer rep: RE/MAX Community Realty Inc.
Seller: 2444 Orangethorpe Properties LLC
Seller rep: In-house brokerage
OCEAN AIRE
7811 Talbert Ave.
Huntington Beach
$8.4 million
Buyer: Aynem Investments LP
Buyer rep: Marcus & Millichap
Seller: HB Ocean Aire I LLC
Seller rep: Hendricks & Partners
WESTCHESTER APARTMENTS
125 S. Westchester Drive
Anaheim
$6.9 million
Buyer: Anthony Tallerico
Buyer representative: Marcus & Millichap
Seller: BDP Westchester LLC
Seller representative: unknown
PAMPAS LANE APARTMENTS
1631 W. Pampas Lane
Anaheim
$6.4 million
Buyer: Kuve Ltd.
Buyer representative: Colliers Seeley
Seller: Woodman Realty Inc.
Seller representative: Morgan-Skenderian Investment Real Estate Group
