Shawn Evenhaim Acquires Mixed-use Asset At 119 South Los Robles Avenue For $22M

119 South Los Robles Avenue is a mixed-use property located in Pasadena, featuring a total of 50 condominiums and 3,700 square feet allocated for retail space. The property has a sale price of $22,000,000 and encompasses a total square footage of 60,450, resulting in a price per unit of $440,000 and a price per square foot of $363.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $22,000,000
• Units: 50
• Square Footage: 60,450
• Price Per Unit: $440,000
• Price Per Square Foot: $363
• Buyer: Shawn Evenhaim
• Seller: Thomas Yu & May Ling Yu
• Brokers: Tony Azzi, Rabbie Banafsheha, Ian Habbestad & Arteen Zahiri - Marcus & Millichap

The transaction involved brokers from Marcus & Millichap, specifically the Azzi Group, who facilitated the sale of the mixed-use asset. The deal highlights the collaborative efforts of multiple brokers representing the interests of both the buyer and the sellers in this significant real estate transaction.