Kevin Wang Purchases Multifamily Asset From Anthony De Luca For $3,250,000 In Upland

The property involved in the transaction is a multifamily asset located at 425 North 11th Avenue in the Upland market. The sale price for the property was $3,250,000, encompassing a total of 13 units. The property covers 9,425 square feet, resulting in a price per unit of $250,000 and a price per square foot of $344.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,250,000
• Units: 13
• Square Footage: 9,425
• Price Per Unit: $250,000
• Price Per Square Foot: $344
• Buyer: Kevin Wang
• Seller: Anthony De Luca
• Broker Representatives: Eric Chen & Blake Torgerson - CBRE

Key individuals involved in the transaction include buyer Kevin Wang and seller Anthony De Luca, who facilitated the deal through their respective broker representatives, Eric Chen and Blake Torgerson from CBRE. This transaction showcases the collaborative efforts of these professionals in bringing the deal to fruition.