Mathew Dool Purchases Multifamily Property In Murrieta For $7.85M

A multifamily property located at 38394 Via La Colina in Murrieta has been sold. The property consists of 40 units and spans a total area of 56,446 square feet. The sale took place on October 18, 2021, and the transaction was facilitated by Eric Chen and Blake Torgerson from CBRE. The buyer, Mathew Dool, purchased the property for a total of $7,850,000. The seller, Rao Yalamanchilli and Srinivas Yalamanchilli, were represented by Eric Chen and Blake Torgerson from CBRE as well. The price per unit was approximately $196,250, and the price per square foot was $139.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,850,000
• Address: 38394 Via La Colina, Murrieta
• Buyer: Mathew Dool
• Seller: Rao Yalamanchilli & Srinivas Yalamanchilli
• Buyer's Representative: Eric Chen & Blake Torgerson - CBRE
• Seller's Representative: Eric Chen & Blake Torgerson - CBRE
• Number of Units: 40
• Price per Unit: $196,250
• Total Area: 56,446 square feet
• Price per Square Foot: $139

Eric Chen and Blake Torgerson from CBRE played a crucial role in this transaction, representing both the buyer, Mathew Dool, and the seller, Rao Yalamanchilli and Srinivas Yalamanchilli. The sale of the multifamily property at 38394 Via La Colina in Murrieta marks another successful deal facilitated by CBRE in the market. With 40 units and a total area of 56,446 square feet, this property attracted the attention of various buyers, ultimately closing with Mathew Dool as the new owner.