Sam Yeung Acquires Multifamily Property On East Cypress Street In Covina

The multifamily property located at 514 East Cypress Street in Covina was recently sold for $4,680,000. The transaction involved 16 units spanning 16,123 square feet, resulting in a price per unit of $292,500 and a price per square foot of $290.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,680,000
• Units: 16
• Price per Unit: $292,500
• Square Footage: 16,123
• Price per Square Foot: $290
• Market: Covina
• Buyer: Sam Yeung
• Seller: Bo Chen
• Buyer's Rep: Eric Chen & Justino L. Fa’aola - CBRE

The transaction was facilitated by Eric Chen and Justino L. Fa’aola from CBRE, representing the buyer in the acquisition of this multifamily asset. The deal highlights the active involvement of these individuals in real estate transactions within the Covina market.