Akash Rohera Of Rohera Capital Acquires Multifamily Property In Torrance For $3,439,800
California
See Similar DealsAkash Rohera Of Rohera Capital Acquires Multifamily Property In Torrance For $3,439,800
625 Amapola Avenue
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The multifamily property located at 625-705 Amapola Avenue in Torrance was sold for $3,439,800. The asset comprises 10 units across a total square footage of 6,770, resulting in a price per unit of $343,980 and a price per square foot of $508.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,439,800
- Buyer: Akash Rohera - Rohera Capital
- Seller: Frank Bang
- Attorney: Laurel Behrens - Rohera Capital
- Units: 10
- Square Footage: 6,770
- Price Per Unit: $343,980
- Price Per Square Foot: $508
This acquisition involved Rohera Capital purchasing two adjacent five-unit buildings in an all-cash deal. Both buildings are reported to be at 100% occupancy with below-market rents, contributing to Rohera Capital’s expanding investment portfolio in the South Bay.
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