CBRE Acquires Multifamily Property In Pasadena For $14M

165 North Michigan Avenue

MultiFamily

42,843 SF

Summary

Sale

CALIFORNIA

MultiFamily

42,843 sqft

The multifamily property located at 165 N. Michigan Ave in Pasadena has been sold for $14,000,000. Covering an area of 42,843 square feet, the property consists of 45 units. The sale price per square foot was $326. The transaction took place on January 10, 2019.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $14,000,000
Address: 165 N. Michigan Ave
Market: Pasadena
Total Square Feet: 42,843
Price per Square Foot: $326
Number of Units: 45

The sale of the property was facilitated by broker Priscilla Nee from CBRE.

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Players

All
2

Agents
1
Agencies
1

Priscilla Nee

Executive Vice President

$69.4M Sold

Details

Deal Summary

SOLD

IMAGE: Priscilla Nee DATE: 01/10/2019 ADDRESS: 165 N. Michigan Ave MARKET: Pasadena ASSET TYPE: Multifamily PRICE: $14,000,000 SF: 42,843 PPSF: $326 UNITS: 45 BROKER: Priscilla Nee @CBRE

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Address165 North Michigan Avenue

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