Ara Keshishian Acquires Retail Property In Pasadena For $3.25M

Anchored by Ara Keshishian, the retail property located at 918 N. Lake Ave in Pasadena has been sold in a closed transaction. The property spans across 9,104 square feet and consists of 7 units. The sale price amounts to $3,250,000, while the previous asking price was $3,795,000. Calculating the per unit price, it results in $464,285, and the price per square foot stands at $357. This transaction took place on December 31, 2020, and was captured by Ara Keshishian.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $3,250,000
• Address: 918 N. Lake Ave, Pasadena
• Market: Pasadena
• Units: 7
• Per Unit Price: $464,285
• Square Footage: 9,104
• Price Per Square Foot: $357

Ara Keshishian, a representative from AgentAra, played a crucial role in the deal as the buyer's representative. Their expertise and involvement helped facilitate the transaction smoothly, ensuring the successful closure of this retail property sale.