Stepp Commercial Acquires 14-Unit Multifamily Property On Ocean Avenue In Long Beach For $5.5M
1425 Ocean Avenue
MultiFamily
Summary
A multifamily property located at 1425 Ocean Avenue in Long Beach has been sold. The transaction was facilitated by brokers Robert Stepp & Todd Hawke from Stepp Commercial. The sale price for the property was $5,500,000.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $5,500,000
- Address: 1425 Ocean Avenue
- Market: Long Beach
The property consists of 14 units with an average price per unit of $393,000.
Robert Stepp & Todd Hawke from Stepp Commercial represented the parties involved in the transaction.
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