SOLD
Jeong Sook Cho Acquires Office Building In Long Beach For $3.6M
980 Atlantic Avenue
Office
10,456 SF
10,456 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Office
10,456 sqft
Located at 980 Atlantic Ave. in Long Beach, this office property was recently sold in a transaction facilitated by Elizabeth Clark, Tenere Williams, Jay Martinez, and Michelle Cho. The buyers, Jeong Sook Cho, acquired the property from sellers Majid Saedifar and Luz Saedifar. The transaction was handled by Compass, Kidder Mathews, and Coldwell Banker. The sale price of $3,600,000 reflected a premium of $100,000 over the list price.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $3,600,000
- Address: 980 Atlantic Ave.
- Market: Long Beach
Jeong Sook Cho successfully purchased the office property at 980 Atlantic Ave. in Long Beach for a price of $3,600,000. Elizabeth Clark and Tenere Williams, representing Compass, along with Jay Martinez, from Kidder Mathews, and Michelle Cho, from Coldwell Banker, acted as brokers in the transaction. This deal resulted in a $100,000 premium over the list price, indicating a strong demand for the property.
Players
All
7
Agents
4
Agencies
3
Details
SOLD
IMAGE: Jay Martinez, Elizabeth Clark & Tenere Williams
DATE: 05/05/2022
ADDRESS: 980 Atlantic Ave.
MARKET: Long Beach
ASSET TYPE: Office
BUYER: Jeong Sook Cho
SELLER: Majid Saedifar & Luz Saedifar
BROKERS: Elizabeth Clark (@ElizabethClark_CRE) & Tenere Williams (@Tenerew) - Compass (@Compass), Jay Martinez (@JayMartinezKidder) - Kidder Mathews (@Kidder.Mathews) & Michelle Cho - Coldwell Banker (@ColdwellBanker)
SALE PRICE: $3,600,000
SF: 10,456 ~ PPSF: $344
NOTE: Sold $100,000 over list price.View on map
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Address980 Atlantic Avenue
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