The multifamily property located at 9512 San Luis Ave in South Gate has been sold for $2,100,000. The property consists of 10 units with a total square footage of 6,305, resulting in a price per square foot of $333. The cap rate for this transaction is 4.53%, and the gross rent multiplier is 13.54. Each unit was sold at a price of $210,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,100,000
• Address: 9512 San Luis Ave
• Market: South Gate
• Square Footage: 6,305
• Price per Square Foot: $333
• Cap Rate: 4.53%
• Gross Rent Multiplier: 13.54
• Units: 10
• Price per Unit: $210,000

The sale of this multifamily property was facilitated by Rick Raymundo, Oscar Diaz, and Anthony Rodriguez, representing their respective agencies.