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Chamberlain Properties Sells Newport Beach Office For Record PPSF

Property Image
SOLD
$1,650,000

California

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Office1,500 SF
Sold 10/16/2023
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Property Image
SOLD

Chamberlain Properties Sells Newport Beach Office For Record PPSF

204 Riverside Avenue

See Similar Deals
Office1,500 SF
Sold 10/16/2023
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$1,100
Total Square Footage:1,500 SF
Transaction Type:Sale

The property involved in this transaction is an office asset located at 204 Riverside Avenue in Newport Beach. The sale price for this office was recorded at $1,650,000, with a total square footage of 1,500. The price per square foot is calculated at $1,100.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $1,650,000
  • Address: 204 Riverside Avenue
  • Market: Newport Beach
  • Square Footage: 1,500
  • Price per Square Foot: $1,100
  • Seller: Chamberlain Properties
  • Broker: Richard Sarabia
  • Note: Record for office PPSF. Broker represented both buyer and seller.

The transaction was managed by Richard Sarabia, who acted as the broker, representing both the buyer and the seller in this deal. The involvement of Chamberlain Properties as the seller is a key aspect of this transaction.

Players

Richard Sarabia
Sarabia Advisors
Richard Sarabia
2 deals$7M volume(310) 579-5625
BROKER

Details

SOLD
IMAGE: Richard Sarabia DATE: 10/16/2023 ADDRESS: 204 Riverside Avenue MARKET: Newport Beach ASSET TYPE: Office SELLER: Chamberlain Properties BROKER: Richard Sarabia SALE PRICE: $1,650,000 SF: 1,500 ~ PPSF: $1,100 NOTE FROM BROKER: Record for office PPSF. Broker represented both buyer and seller

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