Loren Riel Purchases Hermosa Beach Multifamily Property For $7.855M With Joseph Group Representation

The property involved in this transaction is a multifamily asset located at 60 15th Street, Hermosa Beach. The transaction was finalized for a total price of $7,855,000.00 and encompasses a total area of 7,903 square feet.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $7,855,000.00
• Address: 60 15th Street
• Market: Hermosa Beach
• Square Footage: 7,903.0
• Buyer: Loren Riel
• Brokers: Will Joseph (Joseph Group), Rachel Joseph (Joseph Group)

Will Joseph and Rachel Joseph, both from Joseph Group, represented the transaction in their brokerage capacity for both parties involved in the deal, facilitating the sale of the multifamily property.