Rising Tide Housing Buys OC Apartment Homes in Los Angeles

Reported Oct 29, 2026 · Source: Orange County Business Journal

Source: Orange County Business JournalRead the full report at Orange County Business Journal ↗

Deal details

Buyer
Rising Tide Housing Corporation
Seller
C2c Placentia LLC
Price
$16.9M
Size
56 units
Price per unit
$301,786 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
Orange County North & Central (Anaheim / Santa Ana / Tustin / Cypress)
Metro
Los Angeles (incl. OC & Inland Empire)
Reported date
Oct 29, 2026

Summary

The OC Apartment Homes in Anaheim has traded for $17 million in a 1031 exchange deal. The OC Apartment Homes at 1251 N. Placentia Ave. sold for about $301,000 per unit with a 5.3% cap rate, according to CoStar. Source: Orange County Business Journal.

Summarized from the article; the quoted lines below are from the article itself.

Source: Orange County Business Journal

Read the full report at Orange County Business Journal. What the article says:

  • Deal / Price
    The OC Apartment Homes in Anaheim has traded for $17 million in a 1031 exchange deal.
  • Deal
    The OC Apartment Homes at 1251 N. Placentia Ave. sold for about $301,000 per unit with a 5.3% cap rate, according to CoStar.
  • Size / Buyer / Seller
    Rising Tide Housing Corporation bought a 56-unit apartment complex in Anaheim from C2c Placentia LLC for $16.9 million in a 1031 exchange.

Article date: 2026-10-29T17:56:24+00:00

Frequently asked questions

Who bought OC Apartment Homes?
Rising Tide Housing Corporation bought OC Apartment Homes in Orange County North & Central, Los Angeles, according to Orange County Business Journal.
How much did OC Apartment Homes sell for?
The reported price is $16.9M, per Orange County Business Journal.
Who sold OC Apartment Homes?
The seller was C2c Placentia LLC, per Orange County Business Journal.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.