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1044 North Soto Street
SOLD

Housing Authority Of Los Angeles Acquires Long Term Stay Hotel In Los Angeles For $35.1M

1044 North Soto Street

Hotel
32,806 SF
clock iconSold 267 days ago
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Summary

Sale
CALIFORNIA
Hotel
32,806 sqft

A long-term stay hotel located at 1044 North Soto Street in Los Angeles has been sold for a total price of $35,135,000. The property spans across 32,806 square feet, resulting in a price per square foot of $1,071.

Summary of transaction details

  • Property Type: Long Term Stay Hotel
  • Transaction Amount: $35,135,000
  • Square footage: 32,806
  • Price per square foot: $1,071
  • Address: 1044 North Soto Street
  • Market: Los Angeles

The buyer of the property is the Housing Authority Of Los Angeles, while the seller is Amar Patel. The broker responsible for facilitating the transaction is Sam Liberow from The Liberow Group at Marcus & Millichap.

Players

  • All

    2

  • Agents

    1

  • Agencies

    1

Sam Liberow's profile picture
Sam Liberow
Marcus & Millichap-image
Senior Managing Director of Investments
$567.1M Sold

Details

Deal Summary
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SOLD
IMAGE: Sam Liberow DATE: 08/01/2023 ADDRESS: 1044 North Soto Street MARKET: Los Angeles ASSET TYPE: Long Term Stay Hotel BUYER: Housing Authority Of Los Angeles SELLER: Amar Patel BROKER: Sam Liberow (@Sam_liberow) - The Liberow Group (@TheLiberowGroup) - Marcus & Millichap (@MarcusMillichapEncino) SALE PRICE: $35,135,000 SF: 32,806 ~ PPSF: $1,071

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Address1044 North Soto Street

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