Daniel Talamentes Acquires Multifamily Property On Requa Ave In Riverside For $14.15M

Located at 82435 Requa Ave in Riverside, this multifamily property was recently sold in a closed transaction. The property consists of 74 units spread across 61,888 square feet. The sale price for this transaction was $14,150,000, resulting in a per unit price of $191,216. The price per square foot was $228, highlighting the value of this asset in the market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $14,150,000
• Units: 74
• Price Per Unit: $191,216
• Square Footage: 61,888
• Price Per Square Foot: $228

The buyer in this transaction was Daniel Talamentes, while the seller was Dominick Veliko-Shapko. Representing both parties in the deal were Cray A. Carlson and Kevin Sin of CBRE. They played a pivotal role in facilitating the successful sale of this multifamily property in Riverside.