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9/17/25
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Cambridge Apartments, a 76-unit multifamily property in West Covina, traded in a recent $26.35 mil ($347k/unit). The property sits on a 5.5-acre lot at 2601 East Valley Blvd, north of Hwy 60 and just west of Nogales St.
The property offers a unit mix of one-bedroom and two-bedroom apartments. The garden-style community features such amenities as a swimming pool, laundry facilities, and covered parking.
CBRE’s Eric Chen and Justino Fa’aola represented the buyer in the transaction. According to Chen, the buyer recognized the significant value proposition, including the property's prime location, recent upgrades, and the potential for future development.
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