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7622 Pickering Avenue Multifamily Sells In Whittier For $1.63M | Multifamily Sale

7622 Pickering Avenue
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This MultiFamily property located in CA was sold for $1,633,000 almost 5 years ago. The brokers of the deal were Rick Raymundo, Lane Aronson, and Anthony Rodriguez

Rick Raymundo, Anthony Rodriguez, Lane Aronson, and Kurt Robinson of LACMultifamily facilitated the sale of a multifamily property located at 7622 Pickering Avenue in Whittier. The transaction took place on May 9, 2019.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,633,000
  • Address: 7622 Pickering Avenue
  • Market: Whittier
  • Square Footage: 4,700
  • Price per Square Foot: $347.45
  • Number of Units: 8
  • Price per Unit: $204,125
  • CAP Rate: 4.17%
  • GRM: 15.11

The sale of this multifamily property was facilitated by Rick Raymundo, Anthony Rodriguez, Lane Aronson, and Kurt Robinson representing the involved parties. The transaction garnered a total price of $1,633,000, with each unit being sold for an average of $204,125. The property features 4,700 square feet, resulting in a price per square foot of $347.45. The deal had a CAP rate of 4.17% and a GRM of 15.11.

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Deals
  • Location
    7622 Pickering Avenue, Whittier, CA, USA7622 Pickering Avenue, Whittier, CA, USA
  • Sale Price
    $1,633,000$1,633,000
    $347 PPSF$347 PPSF
  • Area
    4,700 SF4,700 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

Rick Raymundo

Rick Raymundo

Deals41
Sold$365.3M

Lane Aronson

Lane Aronson

Deals4
Sold$18.5M

Agencies

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

Coldwell Banker

Coldwell Banker

Agency
Deals1405
Volume$9.3B

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Deal Summary

SALE IMAGE: Rick Raymundo, Anthony Rodriguez, Lane Aronson & Kurt Robinson @LACMultifamily DATE: 05/09/2019 ADDRESS: 7622 Pickering Avenue MARKET: Whittier ASSET TYPE: Multifamily BROKERS: Rick Raymundo, Anthony Rodriguez, Lane Aronson, Kurt Robinson PRICE: $1,633,000 SF: 4,700 ~ PPSF: $347.45 UNITS: 8 PPU: $204,125 CAP: 4.17% GRM: 15.11

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7622 Pickering Avenue

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