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Millennium Properties Acquires Long Beach Multifamily For $4.2M

1128-1130 Raymond Avenue
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This MultiFamily property located in CA was sold for $4,200,000 about 2 years ago. The broker of the deal was Chris Van Vuuren

Located in Long Beach, the multifamily property at 1128-1130 Raymond Ave. has recently been sold for a price of $4,200,000. The transaction took place on 12/30/2021, and the property consists of 24 units. The sale price per unit was $175,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,200,000
  • Address: 1128-1130 Raymond Ave.
  • Market: Long Beach

The buyer for this transaction was Millennium Properties, represented by Phil Manucheri. On the other hand, the seller was the C Living Trust, represented by Gibson Maria. Chris van Vuuren from Lyon Stahl Investment Real Estate acted as the broker in this deal.

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Deals
  • Location
    1128 Raymond Avenue, Long Beach, California 90804, United States1128 Raymond Avenue, Long Beach, California 90804, United States
  • Sale Price
    $4,200,000$4,200,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Broker1 Broker

Agent

Chris Van Vuuren

Chris Van Vuuren

Deals2
Sold$5.2M

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Deal Summary

SALE IMAGE: Chris van Vuuren DATE: 12/30/2021 ADDRESS: 1128-1130 Raymond Ave. MARKET: Long Beach ASSET TYPE: Multifamily BUYER: Millennium Properties - Phil Manucheri SELLER: C Living Trust - Gibson Maria BROKER: Chris van Vuuren (@MultiFamily_Vvi) - Lyon Stahl Investment Real Estate (@LyonStahl) SALE PRICE: $4,200,000 UNITS: 24 ~ PPU: $175,000

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1128-1130 Raymond Avenue

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