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Morgan Skenderian Rings Up Two Sales

ORANGE COUNTY, CA-The transactions involve a 12-unit complex in Santa Ana and an 8-unit property in Anaheim. The deals have a combined value of $1.3 million.

By Erin Cassin | Updated on January 24, 2002

ORANGE COUNTY, CA-The Newport Beach office of Morgan Skenderian Investment Real Estate Group has recently brokered two multifamily transactions in Orange County. The two deals, which were handled separately, have a combined value of $1.3 million.

In the larger of the two transactions, a 12-unit complex in Santa Ana has been acquired for $835,000. Known as the Bush Street Apartments, the property is located at 1905 N. Bush St. It has been purchased by Acacia-Spinnaker of Newport Beach. Both the buyer and the seller, The Kan Family Trust of Anaheim Hills, were represented by Jay Skenderian and Rick Applebaum. Both brokers are based in Morgan Skenderian’s Newport Beach office.

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