Redondo Beach Multifamily Property Sold For $4.91 Million With Andrew Long Adam Peterson Dominique Shands As Brokers

The property asset involves a multifamily building located at 125 North Broadway in Redondo Beach. The sale occurred at a price of $4,910,000 for a total of 20 units. The building comprises a total square footage of 6,584, resulting in a price per unit of $245,500 and a price per square foot of $745.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,910,000
• Address: 125 North Broadway
• Market: Redondo Beach
• Units: 20
• Square Footage: 6,584
• Price Per Unit: $245,500
• Price Per Square Foot: $745

The transaction involved brokers Andrew Long, Adam Peterson, and Dominique Shands, who represented the parties in the deal from CBRE.