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Marcus & Millichap Brokers Sell Dev. Site In Pomona For $1.05M

1300 West Mission Boulevard
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This Development Site property located in CA was sold for $1,050,000 almost 5 years ago. The brokers of the deal were Lonnie Mcdermott, Glen Scher, and Filip (Fil) Niculete

1300 W Mission Blvd in Pomona was recently sold for $1,050,000. The property, classified as a development site, spans a total of 26,250 square feet. With a price per square foot of $40.13, this asset includes 33 units. The sale was handled by Filip Niculete, Glen Scher, and Lonnie McDermott from Marcus & Millichap.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $1,050,000
  • Address: 1300 W Mission Blvd
  • Market: Pomona
  • Price per square foot: $40.13
  • Units: 33
  • Date: 05/20/2019

Filip Niculete, Glen Scher, and Lonnie McDermott from Marcus & Millichap were the brokers involved in this transaction. They successfully facilitated the sale of the property at 1300 W Mission Blvd in Pomona.

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Deals
  • Location
    1300 W Mission Blvd, Pomona, CA, USA1300 W Mission Blvd, Pomona, CA, USA
  • Sale Price
    $1,050,000$1,050,000
    $40 PPSF$40 PPSF
  • Area
    26,250 SF26,250 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Glen Scher

Glen Scher

Deals161
Sold$624.5M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Filip Niculete, Glen Scher and Lonnie McDermott @laapartmentadvisors DATE: 05/20/2019 ADDRESS: 1300 W Mission Blvd MARKET: Pomona ASSET TYPE: Dev. Site BROKERS: Filip Niculete, Glen Scher & Lonnie McDermott - Marcus & Millichap PRICE: $1,050,000 BSF: 26,250 ~ PPBSF: $40.13 UNITS: 33

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1300 West Mission Boulevard

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