7622 Pickering Avenue Multifamily Sells In Whittier For $1.63M | Multifamily Sale

Rick Raymundo, Anthony Rodriguez, Lane Aronson, and Kurt Robinson of LACMultifamily facilitated the sale of a multifamily property located at 7622 Pickering Avenue in Whittier. The transaction took place on May 9, 2019.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,633,000
• Address: 7622 Pickering Avenue
• Market: Whittier
• Square Footage: 4,700
• Price per Square Foot: $347.45
• Number of Units: 8
• Price per Unit: $204,125
• CAP Rate: 4.17%
• GRM: 15.11

The sale of this multifamily property was facilitated by Rick Raymundo, Anthony Rodriguez, Lane Aronson, and Kurt Robinson representing the involved parties. The transaction garnered a total price of $1,633,000, with each unit being sold for an average of $204,125. The property features 4,700 square feet, resulting in a price per square foot of $347.45. The deal had a CAP rate of 4.17% and a GRM of 15.11.