Unknown Foreign Investor Acquires Property At 712 E Walnut St Pasadena For $17.2M With Seller's Rep Gayle Factor

The Encore is a multifamily building located at 712 E Walnut St, Pasadena, CA, 91101. The property was sold for $17.2 million. Built in 2004, it features 28 apartments and two commercial units on the ground floor. All apartments include in-unit washers and dryers, with most offering a balcony. Additional amenities include gated parking, an elevator, and an interior courtyard.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $17,200,000.00
• Address: 712 E Walnut St, Pasadena, CA, 91101
• Market: Pasadena
• Seller's Representative: Gayle Factor - Marcus & Millichap
• Buyer: Unknown Foreign Investor

Gayle Factor of Marcus & Millichap’s Encino office represented the seller in this transaction. The acquisition was made by a foreign investor, which highlights interest from international buyers in the Pasadena real estate market.