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East Bay apartment building changes hands

A.S. Economou Development acquires fully leased Cerrito Vista complex
Cerrito Vista, a 53-unit apartment building completed in 2020, sits along San Pablo Avenue in El Cerrito, California. (CoStar)
Cerrito Vista, a 53-unit apartment building completed in 2020, sits along San Pablo Avenue in El Cerrito, California. (CoStar)
By Zahra Ihsan with
CoStar Research
April 14, 2026 | 3:17 P.M.

A.S. Economou Development has acquired Cerrito Vista, a five‑story, 57‑unit multifamily property at 10963 San Pablo Ave. in El Cerrito, California, from Wang Brothers Investments for $19.8 million, or about $347,370 per unit. The transaction closed on March 31 and was completed off market, as the seller sought to free up capital.

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News | East Bay apartment building changes hands