Marcus & Millichap Inc.
07/21/2026 | Press release | Distributed by Public on 07/21/2026 14:23
Marcus & Millichap Brokers $12.3M Sale of 46-Unit Multifamily Property in Anaheim, California
Press Releases
Marcus & Millichap Brokers $12.3M Sale of 46-Unit Multifamily Property in Anaheim, California
July 21, 2026
LinkedIn Email App
ANAHEIM, Calif., July 21, 2026 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 2856 West Lincoln Ave., a 46-unit multifamily property in Anaheim, California. The property sold for $12.3 million or $267,935 per unit.
"Villa Samoa represented a compelling value-add opportunity given its more than 30 years of ownership by the same owner and significant rental upside," said Tyler Leeson, executive managing director investments. "The property's below-market rents, large site and 100 percent single-story construction attracted strong interest from qualified investors. Through a targeted marketing process, we created competition among buyers and ultimately secured a noncontingent offer that provided the seller with a high level of certainty throughout the transaction."
Leeson and Matthew Kipp, senior managing director investments, in Marcus & Millichap's Orange County office, had the exclusive listing to market the property on behalf of the seller, an LLC, and procured the buyer, a personal trust.
Built in 1964, Villa Samoa is a 46-unit multifamily community situated on a 3.18-acre parcel in West Anaheim. The property consists of 12 single-story residential buildings totaling 45,253 rentable square feet. The unit mix includes six one-bedroom, one-bath, 36 two-bedroom, one-and-a-half-bath and four three-bedroom, two-bath units. Each residence features a private patio, and community amenities include ample garage and surface parking. The property offers convenient access to major transportation corridors, employment centers and retail amenities throughout Orange County. The buyer plans to renovate the property to enhance the resident experience and is exploring the potential to add accessory dwelling units.
"Villa Samoa represented a compelling value-add opportunity given its more than 30 years of ownership by the same owner and significant rental upside," said Tyler Leeson, executive managing director investments. "The property's below-market rents, large site and 100 percent single-story construction attracted strong interest from qualified investors. Through a targeted marketing process, we created competition among buyers and ultimately secured a noncontingent offer that provided the seller with a high level of certainty throughout the transaction."
Leeson and Matthew Kipp, senior managing director investments, in Marcus & Millichap's Orange County office, had the exclusive listing to market the property on behalf of the seller, an LLC, and procured the buyer, a personal trust.
Built in 1964, Villa Samoa is a 46-unit multifamily community situated on a 3.18-acre parcel in West Anaheim. The property consists of 12 single-story residential buildings totaling 45,253 rentable square feet. The unit mix includes six one-bedroom, one-bath, 36 two-bedroom, one-and-a-half-bath and four three-bedroom, two-bath units. Each residence features a private patio, and community amenities include ample garage and surface parking. The property offers convenient access to major transportation corridors, employment centers and retail amenities throughout Orange County. The buyer plans to renovate the property to enhance the resident experience and is exploring the potential to add accessory dwelling units.
# # #
About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit https://www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on July 21, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 21, 2026 at 20:24 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]