ESG Kullen Acquires Multifamily Property In Long Beach For $43M

The multifamily property located at 2301 East Market Street in Long Beach has been sold for a total price of $43,000,000. The property consists of 158 units, resulting in a per unit price of $272,151. The transaction took place on April 25, 2022.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $43,000,000
• Address: 2301 East Market Street
• Market: Long Beach

The buyer of the property is ESG Kullen, represented by Eric Granowsky and Tom DelPonti. On the other hand, the seller is Canyon Partners, represented by Joshua Friedman and Mitchell Julis.