• Marcus & Millichap brokered the sale of the 29-unit Empire Apartments property in Anaheim, California for $8.5 million.
• Deal priced at $293,103 per unit; transaction closed all-cash with no contingencies at signing and a 26-day escrow.
• Sale marked the first closing in an Anaheim-area multifamily portfolio repositioning tied to a 1031 exchange into Orange County apartments.
• Buyer, a large property management company, plans unit upgrades and property improvements to drive rents.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on October 09, 2026, and is solely responsible for the information contained therein.