Positive Investments Acquires Multifamily Portfolio In San Gabriel Valley For $68M
4405 Rosemead Boulevard, 5123 Rosemead Boulevard & 3815 Baldwin Avenue
MultiFamily
363,144 SF
363,144 SF
Summary
A multifamily property located at 4405 Rosemead Boulevard, 5123 Rosemead Boulevard, and 3815 Baldwin Avenue in San Gabriel Valley has been sold in a closed transaction. The property consists of 220 units with a total square footage of 363,144. The sale price for the property was $68,000,000, resulting in a per unit price of $309,000 and a price per square foot of $187.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $68,000,000
- Units: 220
- Price per Unit (PPU): $309,000
- Square Footage (SF): 363,144
- Price per Square Foot (PPSF): $187
- Market: San Gabriel Valley
The buyer of the property is Positive Investments, represented by Rao Yalamanchili. The seller is the Hunsaker Family. The transaction was facilitated by Warren Berzack of Lee & Associates.
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4405 Rosemead Boulevard, 5123 Rosemead Boulevard & 3815 Baldwin Avenue
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