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Sebastien Hemmat Purchases Multifamily Asset At 2000 Carnegie Lane Redondo Beach For $2.35M

Property Image
SOLD
$2,350,000

California

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MultiFamily4,490 SF
Sold 04/16/2025
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Property Image
SOLD

Sebastien Hemmat Purchases Multifamily Asset At 2000 Carnegie Lane Redondo Beach For $2.35M

2000 Carnegie Lane

See Similar Deals
MultiFamily4,490 SF
Sold 04/16/2025
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$523
Total Square Footage:4,490 SF
Transaction Type:Sale

The property asset located at 2000 Carnegie Lane in Redondo Beach is a multifamily unit comprising 8 residential units. The total square footage of the property is 4,490, and it transacted for a sale price of $2,350,000, resulting in a price per unit of $293,750 and a price per square foot of $523.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,350,000
  • Units: 8
  • Square Footage: 4,490
  • Price per Unit: $293,750
  • Price per Square Foot: $523
  • Buyer: Sebastien Hemmat
  • Seller: Bruce A. Rische
  • Broker: Jonathan Weir - Marcus & Millichap
  • Date of Transaction: 04/16/2025

Sebastien Hemmat, at the age of 9, purchased the property as a cash flow investment aimed at funding his college tuition and future lifestyle. This transaction marks him as one of the youngest real estate investors to buy property in Redondo Beach history. The seller of the multifamily asset is Bruce A. Rische, and the broker representing the transaction is Jonathan Weir from Marcus & Millichap.

Players

Jonathan Weir
Marcus & Millichap
Jonathan Weir
6 deals$69.8M volume(707) 225-2402
BROKER

Details

SOLD
IMAGE: Jonathan Weir DATE: 04/16/2025 ADDRESS: 2000 Carnegie Lane MARKET: Redondo Beach ASSET TYPE: Multifamily BUYER: Sebastien Hemmat (@SebastienHemmat) SELLER: Bruce A. Rische BROKER: Jonathan Weir (@JonorWeirCRE) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $2,350,000 UNITS: 8 ~ PPU: $293,750 SF: 4,490 ~ PPSF: $523 NOTE FROM BROKER: The buyer is 9 years old and purchased the property as a cash flowing investment for his college tuition and future lifestyle. His plan is to follow his fathers footstep investing in real estate. This marks one of the youngest real estate investors to purchase a property in Redondo Beach history.

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