Suniel Khemlani Acquires Multifamily Asset At 1344 West 225th Street Torrance For $1.75M

The property asset involved in the transaction is a multifamily building located at 1344 West 225th Street in Torrance. The sale price of the asset was $1,750,000, which translates to a price per unit of $175,000. The building comprises 10 units and has a total square footage of 7,668, resulting in a price per square foot of $228.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,750,000
• Units: 10
• Price Per Unit: $175,000
• Square Footage: 7,668
• Price Per Square Foot: $228
• Buyer: Suniel Khemlani
• Seller: Garth & Craig Edwards
• Brokers: Brice Head, Eric Chen & Justino L. Fa’aola - CBRE

The key individuals involved in this deal include the buyer, Suniel Khemlani, and the sellers, Garth & Craig Edwards. The transaction was facilitated by brokers Brice Head, Eric Chen, and Justino L. Fa’aola from CBRE, who played a pivotal role in bringing the parties together for this multifamily asset deal.