Prasad Garimella Acquires Pasadena Multifamily Property From Richard Chu For $1.82M

The asset involved in this transaction is a multifamily property located at 59 South Sierra Madre Boulevard in Pasadena. The sale price for this property was $1,820,000, and it comprises 7 units. The total square footage of the property is 4,510, which results in a price per unit of $260,000 and a price per square foot of $403.

This transaction was facilitated by broker representatives Tony Azzi, Kristen Sullivan, and Rabbie Banafsheha from Marcus & Millichap, who represented the parties involved in the sale. Their professional involvement contributed to the successful completion of this multifamily property transaction.