Gianluca Jacoli Acquires Hermosa Beach Multifamily For $6.25M

Located in Hermosa Beach, the multifamily property at 420-430 Hermosa Avenue has recently changed hands in a closed transaction. The sale was facilitated by Gianluca Jacoli, a representative from @ShieldCre.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,250,000
• Units: 8
• Price Per Unit: $781,250
• Total Square Footage: 6,720
• Price Per Square Foot: $930

Gianluca Jacoli, from @ShieldCre, played a key role in the successful completion of this transaction. The property, spanning 6,720 square feet, consists of 8 units, with each unit priced at $781,250. The total transaction amount reached $6,250,000, resulting in a price per square foot of $930.