James Capital Advisors Sells Multifamily Property In Redondo Beach For $5.1M
1710-1712 Camino De La Costa
56,300 SF
Summary
A rare transaction took place in the Hollywood Riviera of Redondo Beach, California. The property involved in this closed sale is a multifamily asset located at 1710-1712 Camino De La Costa. The sale price for this property was $5,125,000. The total square footage of the property is 5,630, resulting in a price per square foot of $910. This sale signifies a significant investment in the Redondo Beach market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,125,000
- Square Footage: 5,630
- Price Per Square Foot: $910
- Address: 1710-1712 Camino De La Costa, Redondo Beach
- Market: Redondo Beach
The transaction was facilitated by the following brokers: Anna Sporrong, John Katnik, Elliot Hassan, and Mike Hanassab, who represented James Capital Advisors. Their expertise and assistance played a crucial role in the successful completion of this deal.
It is important to note that this transaction stands out as a rare opportunity in the Hollywood Riviera of Redondo Beach, highlighting the desirability of the property and the confidence investors have in the local market.
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