Marcus & Millichap Brokers Sell Pasadena Multifamily For $1.65M

Located in Pasadena, the multifamily property at 2047 N Raymond Ave was recently sold. The transaction was facilitated by brokers Filip Niculete, Glen Scher, and Michael McNulty from Marcus & Millichap. The property consists of 4 units and was sold for a price of $1,650,000, resulting in a price per square foot of $316. Each unit was purchased at an average price of $412,500.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,650,000
• Address: 2047 N Raymond Ave
• Market: Pasadena
• Brokers: Filip Niculete, Glen Scher, and Michael McNulty - Marcus & Millichap
• Price per Square Foot: $316
• Number of Units: 4
• Price per Unit: $412,500

Through the collaborative efforts of brokers Filip Niculete, Glen Scher, and Michael McNulty, the sale of the multifamily property at 2047 N Raymond Ave in Pasadena was successfully completed. This transaction not only showcases the expertise and representation provided by Marcus & Millichap but also demonstrates the desirability of the property in the market.