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December 14, 2019
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LOS ANGELES COUNTY NEWS
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The Bascom Group Spends $9.7 Mil on 39-Unit Multifamily Property in El Monte

10/18/19

The Bascom Group LLC has acquired Atrium Apartments, a 39-unit apartment community in El Monte, for $9.7 mil ($248.7k/unit). Built in 1963, Atrium is located at 3733 Gibson Road.

Atrium provides ideal access to major economic centers and dynamic cores, including downtown Los Angeles, Arts District, Pasadena, Commerce, City of Industry and Long Beach. Since 2014, El Monte has facilitated 2.88 msf of commercial development projects in a concerted effort to transform El Monte into a leading, local economy in the San Gabriel Valley.

Priscilla Nee and Eric Chen with CBRE brokered the transaction. James DíArgenio and Chang Liu sourced and managed the acquisition for Bascom. Atrium marks Bascomís 39th multifamily property closed in Los Angeles County and its 169th multifamily property closed in California.





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