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Lam Tien Trinh Purchases Riverside Multifamily Asset From Hong Zhang For $3.3M

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SOLD
$3,300,000

California

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MultiFamily14,529 SF
Sold 06/05/2025
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Property Image
SOLD

Lam Tien Trinh Purchases Riverside Multifamily Asset From Hong Zhang For $3.3M

3060 Panorama Road

See Similar Deals
MultiFamily14,529 SF
Sold 06/05/2025
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$227
Total Square Footage:14,529 SF
Transaction Type:Sale

The transaction involved a multifamily property located at 3060 Panorama Road in the Riverside market. The asset was sold for $3,300,000, comprising 12 units with a price per unit of $275,000. The total square footage of the property is 14,529, resulting in a price per square foot of $227.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,300,000
  • Units: 12
  • Price Per Unit: $275,000
  • Square Footage: 14,529
  • Price Per Square Foot: $227
  • Buyer: Lam Tien Trinh
  • Seller: Hong Zhang
  • Broker: Eric Chen, Kevin Sin & Blake Torgerson - CBRE

Eric Chen, Kevin Sin, and Blake Torgerson from CBRE represented the transaction, facilitating the process between buyer Lam Tien Trinh and seller Hong Zhang. This representation played a crucial role in the successful sale of the property.

Players

Blake Torgerson
48 deals$286.1M volume(714) 222-0696
BROKER

Eric Chen
CBRE
108 deals$886.6M volume(626) 757-5717
BROKER

Kevin Sin
CBRE
21 deals$126.6M volume
BROKER

CBRE
BROKERAGE

Details

SOLD
IMAGE: Kevin Sin, Eric Chen & Blake Torgerson DATE: 6/5/2025 ADDRESS: 3060 Panorama Road MARKET: Riverside ASSET TYPE: Multifamily BUYER: Lam Tien Trinh SELLER: Hong Zhang BROKER: Eric Chen (@Eric_c_Chen), Kevin Sin (@KevinkSin) & Blake Torgerson (@BlakeTorg32) - CBRE (@CBRE) SALE PRICE: $3,300,000 UNITS: 12 ~ PPU: $275,000 SF: 14,529 ~ PPSF: $227

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