Hyungwoon Koo Purchases Long Beach Multifamily For $2,344,000 With Buyer’s Reps Jignesh Patel & Juan Huizar

The asset involved in this transaction is a multifamily property located at 3011 East 4th Street in Long Beach. The sale price was recorded at $2,344,000 for a total of 8 units, with each unit priced at approximately $293,000. The property encompasses a total square footage of 6,403, translating to a price per square foot of about $366.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $2,344,000
• Units: 8
• Price Per Unit: $293,000
• Square Footage: 6,403
• Price Per Square Foot: $366
• Buyer: Hyungwoon Koo
• Buyer’s Representative: Jignesh "Jack" Patel & Juan Huizar - Sage Real Estate
• Date of Transaction: 06/23/2026

The transaction was facilitated by buyer's representatives Jignesh "Jack" Patel and Juan Huizar, who are associated with Sage Real Estate, indicating their involvement in the deal on behalf of the buyer. Their participation played a crucial role in the successful completion of this property sale.