Meetu Jain Purchases Multifamily Asset From Garth & Craig Edwards For $2.3 Million

The property asset involved in the transaction is located at 11943 Grevillea Avenue in the market of Hawthorne. It is classified as a multifamily asset consisting of 10 units, totaling 7,733 square feet. The sale price for this property was set at $2,300,000, which translates to a price per unit of $230,000 and a price per square foot of $297.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,300,000
• Address: 11943 Grevillea Avenue
• Market: Hawthorne
• Units: 10
• Square Footage: 7,733
• Price per Unit: $230,000
• Price per Square Foot: $297

The buyer of this multifamily property is Meetu Jain, while the seller is Garth & Craig Edwards. The seller's representative in the transaction was Eric Chen, Brice Head, and Justino L. Fa’aola from CBRE.