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1960 Santa Fe Avenue
SOLD

Wolfgang Jordan Acquires Retail Property In Long Beach From Alok Chanani

1960 Santa Fe Avenue

Retail
3,010 SF
clock iconSold 1 year ago
Kristen Sullivan
Chris Comfort
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Summary

Sale
CALIFORNIA
Retail
3,010 sqft

Located at 1960 Santa Fe Ave in Long Beach, this retail property was recently sold in a closed transaction. The property spans a total area of 3,010 square feet, with a price per square foot of $659. The asset was listed with an asking price of $1,975,000 and ultimately sold for $1,985,000, resulting in a cap rate of 4.8%.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,985,000
  • Market: Long Beach

Wolfgang Jordan was the buyer in this transaction, while Alok Chanani served as the seller. The deal was facilitated by brokers Chris Comfort and Kristen Sullivan.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Kristen Sullivan's profile picture
Kristen Sullivan
Marcus & Millichap-image
Associate
$7M Sold
Chris Comfort's profile picture

Details

Deal Summary
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SOLD
IMAGE: Chris Comfort & Kristen Sullivan DATE: 02/01/2021 ADDRESS: 1960 Santa Fe Ave. MARKET: Long Beach ASSET TYPE: Retail BUYER: Wolfgang Jordan SELLER: Alok Chanani BROKERS: Chris Comfort & Kristen Sullivan ASKING PRICE: $1,975,000 SALE PRICE: $1,985,000 SF: 3,010 ~ PPSF: $659 CAP: 4.8%

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Address1960 Santa Fe Avenue

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