Yong Nguyen Acquires Multifamily Property From Joshua Lee For $21.8M With Michael Toveg As Buyer's Rep

The property asset involved in this transaction is a MultiFamily asset located at 1480 7th Street & 3681-3725 Cranford Avenue in the Riverside market. The asset was sold for $21,800,000, encompassing a total square footage of 57,656, resulting in a price per square foot of $378.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $21,800,000
• Address: 1480 7th Street & 3681-3725 Cranford Avenue
• Market: Riverside
• Square Footage: 57,656
• Price per Square Foot: $378
• Buyer: Yong Nguyen
• Seller: Joshua Lee
• Buyer's Representative: Michael Toveg - Stepp Commercial

This transaction highlights the key individuals involved, with Yong Nguyen acting as the buyer and Joshua Lee as the seller. Michael Toveg from Stepp Commercial represents the buyer in this deal, facilitating the transaction process between the parties involved.