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Christine Chen Acquires Multifamily Property In El Monte For $4.4M

3420 Santa Anita Avenue
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This MultiFamily property located in CA was sold for $4,432,500 over 2 years ago. The brokers of the deal were Nick Hayner and Greg Alexanian

On December 22, 2021, a multifamily property located at 3420 Santa Anita Ave in El Monte was sold for a price of $4,432,500. The property consists of 18 units with an average price per unit of $246,250. The total square footage of the property is 12,958, resulting in a price per square foot of $342. The sale was the second highest closing in El Monte in the past 24 months according to the MLS.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,432,500
  • Address: 3420 Santa Anita Ave.
  • Market: El Monte
  • Units: 18
  • Price per Unit: $246,250
  • Square Footage: 12,958
  • Price per Square Foot: $342

Christine Chen purchased the property from Huang Lee. The transaction was facilitated by brokers Greg Alexanian and Nick Hayner. Alexanian Apartment Advisors, the broker representatives for the deal, have extensive experience in the multifamily marketplace, having represented 3,200 units and closed over $1 billion in transactions. They can be reached at (818) 239-1206 or through their website www.alexanianadvisors.com.

For any equity analysis opinion or investment opportunities, interested parties can contact Alexanian Apartment Advisors. Their email address is [email protected]. The brokers' Dre numbers are 00911091 and 01513975.

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Deals
  • Location
    3420 Santa Anita Avenue, El Monte, CA 917313420 Santa Anita Avenue, El Monte, CA 91731
  • Sale Price
    $4,432,500$4,432,500
    $342 PPSF$342 PPSF
  • Area
    12,958 SF12,958 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Nick Hayner

Nick Hayner

Deals6
Sold$44.2M

Agency

Alexanian Apartment Advisors

Alexanian Apartment Advisors

Agency
Deals42
Volume$228.6M

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Deal Summary

SALE IMAGE: Greg Alexanian & Nick Hayner DATE: 12/22/2021 ADDRESS: 3420 Santa Anita Ave. MARKET: El Monte ASSET TYPE: Multifamily BUYER: Christine Chen SELLER: Huang Lee BROKERS: Greg Alexanian & Nick Hayner - (@AlexanianAdvisors) SALE PRICE: $4,432,500 UNITS: 18 ~ PPU: $246,250 SF: 12,958 ~ PPSF: $342 NOTE: 2nd highest El Monte closing past 24 months per mls. Alexanian Apartment Advisors have represented 3,200 units and closed over $1 Billion in the multifamily marketplace. Reach out for equity analysis opinion or investment opportunities. (818) 239-1206 www.alexanianadvisors.com [email protected] Dre: 00911091 | 01513975

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