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Orange County apartment complexes change hands

Private buyer acquires 54 units as a value-add investment for $15 million
El Commodor, above, and the neighboring Bel Air Apartments, both built in 1961 in Orange, California, sold for $15 million. (CoStar)
El Commodor, above, and the neighboring Bel Air Apartments, both built in 1961 in Orange, California, sold for $15 million. (CoStar)
By Aaron Tamblyn with
CoStar Research
September 24, 2026 | 7:37 P.M.

A private individual acquired two contiguous 27-unit multifamily properties at 343 and 315 S. Bedford Road in Orange, California, from a private seller for $15 million, or about $277,778 per unit. The seller reportedly received a higher offer but elected to accept a lower-priced bid in exchange for greater certainty of execution.

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