Kurniawan Darmawangsa sold his three-bedroom, two bath at 125 S. Old Ranch Road in Arcadia for $1.035 million to Jun Ching Tsai and Chiu Yueh Wang on Jan. 29.

The 2,366-square-foot house was built in 1953.

Darmawangsa is the owner of New Avenue Systems, a provider of enterprise IT infrastructures headquartered in Arcadia, Calif.

Address: 125 South Old Ranch Road
Buyer(s): Jun Ching Tsai and Chiu Yueh Wang
Seller(s): Kurniawan Darmawangsa
Sale date: Jan. 29, 2008