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CBRE Acquires Multifamily Property In Pasadena For $14M

Property Image
SOLD
$14,000,000

California

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MultiFamily42,843 SF
Sold 01/10/2019
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Property Image
SOLD

CBRE Acquires Multifamily Property In Pasadena For $14M

165 North Michigan Avenue, Pasadena, CA 91106, USA

See Similar Deals
MultiFamily42,843 SF
Sold 01/10/2019
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$326
Total Square Footage:42,843 SF
Transaction Type:Sale

The multifamily property located at 165 N. Michigan Ave in Pasadena has been sold for $14,000,000. Covering an area of 42,843 square feet, the property consists of 45 units. The sale price per square foot was $326. The transaction took place on January 10, 2019.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $14,000,000
  • Address: 165 N. Michigan Ave
  • Market: Pasadena
  • Total Square Feet: 42,843
  • Price per Square Foot: $326
  • Number of Units: 45

The sale of the property was facilitated by broker Priscilla Nee from CBRE.

Players

Priscilla Nee
CBRE
Priscilla Nee
10 deals$166.5M volume
BROKER

Details

SOLD
IMAGE: Priscilla Nee DATE: 01/10/2019 ADDRESS: 165 N. Michigan Ave MARKET: Pasadena ASSET TYPE: Multifamily PRICE: $14,000,000 SF: 42,843 PPSF: $326 UNITS: 45 BROKER: Priscilla Nee @CBRE

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