Chua Young Sells Glendale Multifamily Property For $12 Million With Broker Greg Alexanian

The multifamily asset located at 201 North Belmont Street in Glendale has a sale price of $12,000,000. It comprises 25 units, encompassing a total square footage of 37,295, which translates to a price per unit of $480,000 and a price per square foot of $321.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $12,000,000
• Address: 201 North Belmont Street
• Market: Glendale
• Units: 25
• Square Footage: 37,295
• Price per Unit: $480,000
• Price per Square Foot: $321
• Seller: Chua Young
• Broker: Greg Alexanian - Alexanian Apartment Advisors

The transaction was exclusively represented by Greg Alexanian of Alexanian Apartment Advisors, who acted on behalf of both the seller and the buyer, highlighting a significant achievement in the Glendale multifamily market. A noted passage, Matthew 6:33, accompanies this transaction, underscoring a principle of priority.