Marcus & Millichap Brokers Sell Pasadena Multifamily For $1.65M
2047 North Raymond Avenue
5,216 SF
Summary
Located in Pasadena, the multifamily property at 2047 N Raymond Ave was recently sold. The transaction was facilitated by brokers Filip Niculete, Glen Scher, and Michael McNulty from Marcus & Millichap. The property consists of 4 units and was sold for a price of $1,650,000, resulting in a price per square foot of $316. Each unit was purchased at an average price of $412,500.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,650,000
- Address: 2047 N Raymond Ave
- Market: Pasadena
- Brokers: Filip Niculete, Glen Scher, and Michael McNulty - Marcus & Millichap
- Price per Square Foot: $316
- Number of Units: 4
- Price per Unit: $412,500
Through the collaborative efforts of brokers Filip Niculete, Glen Scher, and Michael McNulty, the sale of the multifamily property at 2047 N Raymond Ave in Pasadena was successfully completed. This transaction not only showcases the expertise and representation provided by Marcus & Millichap but also demonstrates the desirability of the property in the market.
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