Yong Yuan Acquires Multifamily Property From Kyle Kazan For $13.55M In Gardena

The property involved in this transaction is a multifamily asset located at 3351 Marine Avenue in Gardena. The sale was finalized at a price of $13,550,000, representing a per-unit price of $167,283 across 81 units. The total square footage of the property is 37,881, with a price per square foot of $357.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $13,550,000
• Address: 3351 Marine Avenue
• Market: Gardena
• Units: 81
• Price Per Unit: $167,283
• Square Footage: 37,881
• Price Per Square Foot: $357
• Buyer: Yong Yuan
• Seller: Kyle Kazan
• Brokers: Kimberly Stepp & Michael Toveg - Stepp Commercial

This transaction involves key individuals including the buyer, Yong Yuan, who acquired the property from seller Kyle Kazan. The deal was brokered by Kimberly Stepp and Michael Toveg, both associated with Stepp Commercial, highlighting their involvement in facilitating the sale.