Parker Boehle & Talib Hasan Facilitate $3.725M Sale Of Long Beach Multifamily Property

A 22-unit multifamily property located at 2076 Magnolia Avenue in Long Beach was recently sold for $3.73 million. The property spans 13,944 square feet across three buildings and features a mix of studio, one-bedroom, and two-bedroom units, offering a diverse range of living spaces to potential tenants.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,725,000
• Units: 22
• Price Per Unit: $169,318
• Square Feet: 13,944
• Price Per Square Foot: $267
• Acres: 0.44
• Market: Long Beach
• Buyer's Rep: Parker Boehle - NorthMarq
• Seller's Rep: Talib Hasan - GTS Realty

The transaction was facilitated by Parker Boehle from NorthMarq, representing the buyer, and Talib Hasan from GTS Realty, representing the seller. Both parties played instrumental roles in ensuring the successful sale of the multifamily property, showcasing their expertise and professionalism in the real estate market.