George Lin Acquires Multifamily Property In South Pasadena For $14.95M

A multifamily property located at 1760 State Street in South Pasadena has been sold in a recent transaction. The property consists of 42 units with a total square footage of 39,919. The sale price for the property was $14,950,000, resulting in a per unit price of $355,952 and a price per square foot of $374. The transaction took place on 08/25/2021.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $14,950,000
• Address: 1760 State Street
• Market: South Pasadena

The buyer of the property is George Lin, while the seller is Mark Hilbert. The transaction was facilitated by brokers Eric Chen and Joyce Goldstein. Eric Chen and Joyce Goldstein represented their respective clients in the deal.