CityStreet Commercial Acquires Mixed-Use Property In Pasadena For $18M | 1384 East Washington Boulevard & 1349 North Hill Avenue | Floyd Shaheen, Elan Kermani, Dana Brody | Mixed-use | Sale

Summary

Sale

CALIFORNIA

Mixed-use

34,000 sqft

A mixed-use property located at 1384 E. Washington Blvd. & 1349 N. Hill Ave. in Pasadena has been sold for a total of $18,000,000. The property spans a size of 34,000 square feet. This transaction took place on 12/10/2021. The price per square foot for this sale was $529.

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $18,000,000
Address: 1384 E. Washington Blvd. & 1349 N. Hill Ave.
Market: Pasadena
Buyer's Representative: Elan Kermani - CityStreet Commercial
Seller's Representatives: Dana Brody & Floyd Shaheen - Marcus & Millichap
SF: 34,000
PPSF: $529

The buyer's representative for this transaction was Elan Kermani from CityStreet Commercial, while the seller's representatives were Dana Brody and Floyd Shaheen from Marcus & Millichap. This deal represents a significant sale in the Pasadena market.

Players

All
4

Agents
3
Agencies
1

$68.6M Sold

$59.5M Sold

Senior Vice President Investments

$72.6M Sold

Marcus & Millichap

Details

Deal Summary

SOLD

IMAGE: Dana Brody, Floyd Shaheen & Elan Kermani DATE: 12/10/2021 ADDRESS: 1384 E. Washington Blvd. & 1349 N. Hill Ave. MARKET: Pasadena ASSET TYPE: Mixed-use BUYER’S REP: Elan Kermani (@ElanKermani) - CityStreet Commercial (@CityStreetCommercial) SELLER’S REP: Dana Brody (@TheBrodyGroup) & Floyd Shaheen (@FloydGroupCRE) - Marcus & Millichap SALE PRICE: $18,000,000 SF: 34,000 ~ PPSF: $529

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Address1384 East Washington Boulevard & 1349 North Hill Avenue

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