SOLD
Ray Pellegrino Acquires Torrance Beach Multifamily For $10.2M
116 Paseo De La Concha
MultiFamily
16,350 SF
16,350 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
16,350 sqft
Located in Torrance Beach, the multifamily property at 116 Paseo De La Concha has recently been sold. The transaction, which took place on 10/08/2021, involved a total of 20 units with a sale price of $10,200,000. This equates to a price per unit of $510,000. The property spans approximately 16,350 square feet, resulting in a price per square foot of $623.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $10,200,000
- Address: 116 Paseo De La Concha
- Market: Torrance Beach
- Units: 20
- Price per Unit: $510,000
- Square Footage: 16,350
- Price per Square Foot: $623
The buyer in this transaction was Ray Pellegrino, while the seller was Ryuhei Tanaka. The deal was facilitated by brokers Mason Rowland and Ryan Rembert of KW Commercial, along with Sean Nishio of Project 7 Enterprises.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Ryan Rembert & Mason Rowland
DATE: 10/08/2021
ADDRESS: 116 Paseo De La Concha
MARKET: Torrance Beach
ASSET TYPE: Multifamily
BUYER: Ray Pellegrino
SELLER: Ryuhei Tanaka
BROKERS: Mason Rowland & Ryan Rembert - KW Commercial & Sean Nishio - Project 7 Enterprises
SALE PRICE: $10,200,000
UNITS: 20 ~ PPU: $510,000
SF: 16,350 ~ PPSF: $623View on map
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Address116 Paseo De La Concha
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