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ASM Properties Sells Multifamily Property In Silicon Valley For $49M With Brokers Ray Rodriguez & Tony Zizzo

678 Bellflower Avenue
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This MultiFamily property located in CA was sold for $49,000,000 over 2 years ago. The brokers of the deal were Tony Zizzo and Ray Rodriguez

Located at 678 Bellflower Ave in Silicon Valley, a multifamily property was recently sold. The transaction took place on 10/05/2021, with ASM Properties represented by Arthur Anderson as the seller. The sale was facilitated by brokers Ray Rodriguez (Ray_Rodriguez46) and Tony Zizzo from THE R&Z Group. The property consists of 93 units, with a sale price of $49,000,000. The price per unit is calculated at $526,881, and the total square footage is 177,684, resulting in a price per square foot of $275.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $49,000,000
  • Address: 678 Bellflower Ave
  • Market: Silicon Valley

The sale of this multifamily property highlights the involvement of key individuals and companies. Ray Rodriguez and Tony Zizzo, representing THE R&Z Group, were the brokers responsible for facilitating the transaction. Their efforts contributed to achieving a successful deal for ASM Properties and Arthur Anderson. The sale of this property reflects the thriving real estate market in Silicon Valley.

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  • Location
    678 Bellflower Ave, Sunnyvale, CA, USA678 Bellflower Ave, Sunnyvale, CA, USA
  • Sale Price
    $49,000,000$49,000,000
    $275 PPSF$275 PPSF
  • Area
    177,684 SF177,684 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Tony Zizzo

Tony Zizzo

Deals4
Sold$88.4M

Ray Rodriguez

Ray Rodriguez

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Sold$88.4M

Agency

Compass

Compass

Agency
Deals2902
Volume$20.9B

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Deal Summary

SALE IMAGE: Tony Zizzo & Ray Rodriguez DATE: 10/05/2021 ADDRESS: 678 Bellflower Ave. MARKET: Silicon Valley ASSET TYPE: Multifamily SELLER: ASM Properties - Arthur Anderson BROKERS: Ray Rodriguez (Ray_Rodriguez46) & Tony Zizzo (@T_Zizz) - THE R&Z Group (@TheRZGroup) SALE PRICE: $49,000,000 UNITS: 93 ~ PPU: $526,881 SF: 177,684 ~ PPSF: $275

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678 Bellflower Avenue

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