Larry Guesno Purchases Multifamily Asset From Erik Lutke In Long Beach For $5.2M

The property at 845 East 6th Street in the Long Beach market is a multifamily asset consisting of 24 units. The property has a total square footage of 11,346 and sold for a transaction amount of $5,203,327, resulting in a price per unit of $216,805 and a price per square foot of $458.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,203,327
• Address: 845 East 6th Street
• Market: Long Beach
• Units: 24
• Square Footage: 11,346
• Price Per Unit: $216,805
• Price Per Square Foot: $458
• Buyer: Larry Guesno
• Seller: Erik Lutke
• Brokers: Robert Stepp & Michael Toveg - Stepp Commercial

Key individuals in this transaction include the buyer, Larry Guesno, and seller, Erik Lutke. The brokerage representatives involved in facilitating this deal are Robert Stepp and Michael Toveg from Stepp Commercial.