Eric Chen Sells Multifamily Condo Portfolio In Alhambra For $4.1M

The multifamily condo portfolio located at 28-32 S. Chapel Ave. in Alhambra has been sold in a recent transaction. The property, consisting of 7 units, spans a total area of 11,711 square feet. The sale price for this portfolio was $4,100,000, resulting in a price per square foot of $350. The per unit price for these condos was approximately $585,714.

Summary of transaction details

• Property Type: Multifamily (Condo Portfolio)
• Transaction Amount: $4,100,000
• Square Footage: 11,711
• Price per Square Foot: $350
• Number of Units: 7
• Price per Unit: $585,714
• Address: 28-32 S. Chapel Ave.
• Market: Alhambra

The sale of this multifamily condo portfolio was facilitated by Eric Chen of Socal Apartment Advisors. Eric Chen acted as the broker in this transaction, representing the parties involved in the deal.