Tony Ayad Purchases Multifamily Property From Martha Cassara For $1.28M In Monrovia

The multifamily property located at 616 South 5th Avenue in Monrovia features 3 units and spans a total of 2,522 square feet. The property was sold for $1,280,000, resulting in a per unit price of $426,666 and a price per square foot of $507.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,280,000
• Address: 616 South 5th Avenue
• Market: Monrovia
• Units: 3
• Square Footage: 2,522
• Price Per Unit: $426,666
• Price Per Square Foot: $507
• Buyer: Tony Ayad
• Seller: Martha Cassara
• Seller's Representative: John Swartz & Jacqueline Carroll - True North CRE - Compass

In this transaction, Tony Ayad is the buyer, while Martha Cassara is the seller. The sellers were represented by John Swartz and Jacqueline Carroll from True North CRE - Compass, emphasizing the involvement of a professional brokerage in facilitating the sale.