Malekan Family Purchases Multifamily Property From Lucciolino Family For $1.6 Million In Corona

The multifamily asset located at 58-41-45 Waldron Street in the Corona market was sold for $1,600,000. The property consists of 8 units, with a price per unit of $200,000. It spans a total square footage of 6,240, resulting in a price per square foot of $256.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,600,000
• Units: 8
• Price Per Unit: $200,000
• Square Footage: 6,240
• Price Per Square Foot: $256
• Buyer: Malekan Family
• Seller: Lucciolino Family
• Brokers: Shaun Riney, Sean Fopeano & David Cornejo - Marcus & Millichap

This transaction involved key representatives from Marcus & Millichap, with Shaun Riney, Sean Fopeano, and David Cornejo facilitating the deal for both the buyer and seller, illustrating the broker's role in connecting the parties involved in this multifamily sale.