Jong Dae Hong Acquires Retail Property In Baldwin Park, CA For $3.25M

Located in Baldwin Park, CA, the retail property at 14550 Baldwin Park Towne Center was recently sold for $3,250,000. Spanning across 3,508 square feet, the property boasts a price per square foot of $926. The transaction was finalized on October 3, 2022.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $3,250,000
• Address: 14550 Baldwin Park Towne Center, Baldwin Park, CA
• Market: Baldwin Park, CA

The buyer in this transaction was Jong Dae Hong, while the seller was Rich Anthony. Facilitating the deal were Simon Mattox, Austin Wolitarsky, Dan Riley, Bill Durslag, and Kyle Woods of Socal Retail Advisory - CBRE.

Note that the property was listed with an asking price of $3,050,000, indicating that it was sold above the initial offer.