Andy Do Purchases Development Site In Riverside From Raja Kakkar For $3.175M

The transaction involved a development site located at 1970 Patterson Street in Riverside. The sale price for the property was $3,175,000, encompassing a total square footage of 70,567, resulting in a price per square foot of $44.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $3,175,000
• Square Footage: 70,567
• Price per Square Foot: $44
• Buyer: Andy Do
• Seller: Raja Kakkar
• Brokers: Orbell Ovaness, Lonnie Mcdermott, Rick Raymundo & Ara Rostamian - Marcus & Millichap

The deal included key participants such as buyer Andy Do and seller Raja Kakkar, with representation from brokers Orbell Ovaness, Lonnie Mcdermott, Rick Raymundo, and Ara Rostamian, who were associated with Marcus & Millichap in this transaction.