The Zamani Family Trust Acquires 4-Unit Multifamily In South Pasadena For $1.45M

The multifamily property located at 194 Monterey Road in South Pasadena has been sold. The property consists of 4 units with a total square footage of 3,130. The sale price for this transaction was $1,450,000, resulting in a per unit price of $362,500. The price per square foot is calculated to be $463.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,450,000
• Units: 4
• Price per Unit: $362,500
• Square Footage: 3,130
• Price per Square Foot: $463

The buyer in this transaction is The Zamani Family Trust represented by Dean Zamani. On the other hand, the seller is The Peter J. Tripodes Trust represented by Zacharias Tripodes. The seller's representatives in this deal are Andrew Leff and Mark Cianciulli from The CREM Group.