Hamid Baher Acquires Retail Property At 408 31st Street Newport Beach For $1.8M

The property asset involved in this transaction is a retail space located at 408 31st Street, Newport Beach. The sale price of the asset was $1,800,000, with a total square footage of 1000, resulting in a price per square foot of $1,800.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,800,000
• Address: 408 31st Street
• Market: Newport Beach
• Square Footage: 1000
• Price per Square Foot: $1,800
• Buyer: Hamid Baher
• Seller: Rene Barge
• Broker: Nathan Holthouser - Coastal Commercial

This transaction involved key individuals including the buyer, Hamid Baher, and the seller, Rene Barge. The deal was facilitated by Nathan Holthouser representing Coastal Commercial, highlighting the collaboration between the parties in this closed transaction.