Nong Di Liang Tan Purchases Multifamily Property From Felipe Chu For $1,250,000 In El Monte

The property asset involved in the transaction is a multifamily unit located at 2708 Penn Mar Avenue in El Monte. The sale price of the asset was $1,250,000, and it includes a total of 5 units. The total square footage is 3,272, resulting in a price per unit of $250,000 and a price per square foot of $382.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,250,000
• Units: 5
• Square Feet: 3,272
• Price Per Unit: $250,000
• Price Per Square Foot: $382
• Buyer: Nong Di Liang Tan
• Seller: Felipe Chu
• Broker: Eric Chen - CBRE

The key individuals involved in the deal include buyer Nong Di Liang Tan and seller Felipe Chu. The transaction was brokered by Eric Chen from CBRE, representing the interests of both parties in the multifamily real estate market.