Imran Rashid & Kimberly Mataoros Acquire Long Beach Multifamily Property From David Pai For $1.2M

The property asset involved in this transaction is a multifamily asset located at 421 Rose Place in Long Beach. The sale price was $1,200,000, comprising 4 units. The total square footage of the property is 3,576, resulting in a price per unit of $300,000 and a price per square foot of $335.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,200,000
• Address: 421 Rose Place
• Market: Long Beach
• Units: 4
• Square Footage: 3,576
• Price Per Unit: $300,000
• Price Per Square Foot: $335
• Buyer: Imran Rashid & Kimberly Mataoros
• Seller: David Pai
• Seller's Representative: Jignesh "Jack" Patel & Juan Huizar - Sage Real Estate

Key individuals involved in the transaction include Imran Rashid and Kimberly Mataoros as the buyers, and David Pai as the seller. Representing the seller in the deal are Jignesh "Jack" Patel and Juan Huizar from Sage Real Estate, facilitating the transaction between the parties.