SOLD
Stepp Commercial Sells Multifamily Property In Long Beach, CA For $6.64M
4114 - 4118 Elm Avenue
MultiFamily
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
A multifamily property located at 4114 - 4118 Elm Avenue in Long Beach, CA has been sold. The transaction took place on October 26, 2022. The property, consisting of 22 units, was sold for a total price of $6,640,000, resulting in a per unit price of $301,818. The cap rate for this transaction is 3.7%.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,640,000
- Address: 4114 - 4118 Elm Avenue, Long Beach, CA
- Market: Long Beach, CA
- Brokers: Robert Stepp, Todd Hawke, and Michael Toveg - Stepp Commercial
The deal was facilitated by Stepp Commercial, with Robert Stepp, Todd Hawke, and Michael Toveg representing the parties involved.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Todd Hawke, Robert Stepp & Michael Toveg
DATE: 10/26/2022
ADDRESS: 4114 - 4118 Elm Avenue
MARKET: Long Beach, CA
ASSET TYPE: Multifamily
BROKERS: Robert Stepp (@RobStepp1), Todd Hawke (@ToddHawke) & Michael Toveg (@MToveg) - Stepp Commercial (@Stepp_Commercial)
SALE PRICE: $6,640,000
UNITS: 22 ~ PPU: $301,818
CAP RATE: 3.7%View on map
Loading...
Address4114 - 4118 Elm Avenue
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want