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Investor Buys Surf Terrace Apartments in Long Beach

Trust Trades 60 Units for $28.6 Million
By Chris Bundy
CoStar Research
December 31, 2019 | 3:51 P.M.

A private investor acquired the 60-unit Surf Terrace apartments at 11 S. Termino Ave. in Long Beach, California, from a family trust for $28.6 million, or about $477,000 per unit.

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IN THIS ARTICLE


  • Properties
  • Contacts
    • Todd Hawke

      Senior Vice President, Stepp Commercial - KWPE

    • Damien Breaux

      Vice President, Morgan-Skenderian Investment Real Estate Group