Just Sold | 5 Properties | 47 Units | $18,205,000

Sold by Robert Stepp, Todd Hawke, and Michael Toveg – beautifully-renovated portfolio located in Prime Alamitos Beach:

1232E. 2nd Street – 14 Units

1044 E. Appleton Street – 15 Units

1009-1017 E. 2nd Street – 8 Units

1335 E. 2nd Street – 8 Units

1020 E. Broadway – 4 Units

Sold for:
▷ Average $544 per Square Foot
▷ Nearly $400,000 per Unit
▷ Average Cap Rate 3.8%

 

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