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Matthew Wenzel Of Marcus & Millichap Brokers $2.29M Multifamily Sale In Long Beach

Property Image
SOLD
$2,290,000

California

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MultiFamily8,100 SF
Sold 04/23/2024
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Property Image
SOLD

Matthew Wenzel Of Marcus & Millichap Brokers $2.29M Multifamily Sale In Long Beach

1115 East Artesia Boulevard

See Similar Deals
MultiFamily8,100 SF
Sold 04/23/2024
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$282
Total Square Footage:8,100 SF
Transaction Type:Sale

In Long Beach, a multifamily property located at 1115 East Artesia Boulevard was sold for $2,290,000. The property spans 8,100 square feet, resulting in a price per square foot of $283.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,290,000
  • Address: 1115 East Artesia Boulevard
  • Market: Long Beach

The transaction of the multifamily property at 1115 East Artesia Boulevard was facilitated by Matthew Wenzel, who represented the deal on behalf of Marcus & Millichap.

Players

Matthew Wenzel
1 deal$2.3M volume(949) 419-3205
BROKER

Details

SOLD
IMAGE: Matthew Wenzel DATE: 04/23/2024 ADDRESS: 1115 East Artesia Boulevard MARKET: Long Beach ASSET TYPE: Multifamily BROKER: Matthew Wenzel - Marcus & Millichap (@MarcusMillichapinc) SALE PRICE: $2,290,000 SF: 8,100 ~ PPSF: $283 NOTE: In Long Beach, a multifamily property located at 1115 East Artesia Boulevard was sold for $2,290,000, with a price per square foot of $283. The transaction was brokered by Matthew Wenzel of Marcus & Millichap.

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Debt Service Coverage Ratio (DSCR)

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