Eric Chen & Andy Yu Sell Multifamily Property In San Gabriel For $2.32M

The multifamily property located at 712 Padilla Street in San Gabriel was recently sold for a price of $2,320,000. The sale took place on 12/01/2020. The property consists of 11 units, with a per unit price of $210,909. It has a total square footage of 6,716, resulting in a price per square foot of $345. The capitalization rate for this transaction is 4.52%, and the gross rent multiplier is 13.78.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,320,000
• Address: 712 Padilla Street
• Market: San Gabriel

The seller's representatives for this transaction were Eric Chen and Andy Yu, who can be contacted on Instagram via their respective handles @Eric_C_Chen and @And23yU.