Eli Patronas Acquires Multifamily Property In Redondo Beach For $3.27M
2013 Rockefeller Lane
MultiFamily
5,800 SF
5,800 SF
Sold 1 year ago
Summary
Located at 2013 Rockefeller Ln. in Redondo Beach, this multifamily property was recently sold in a closed transaction. The sale took place on August 12, 2021, with a sale price of $3,270,000. The property consists of 10 units, with an average price per unit of $327,000. The total square footage of the property is 5,800, resulting in a price per square foot of $564. The Gross Rent Multiplier (GRM) for this transaction was 15.97x.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,270,000
- Units: 10
- Price per Unit: $327,000
- Square Footage: 5,800
- Price per Square Foot: $564
- Gross Rent Multiplier (GRM): 15.97x
Eli Patronas acquired the property from Marion Reeve. The transaction was facilitated by brokers Sebastian Barahal and Shane Young.
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2013 Rockefeller Lane
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