A multifamily property located at 101 South Detroit Street in Los Angeles was recently sold for $2,845,000. Spanning 4,737 square feet, the property was acquired at a price per square foot of $601, presenting a significant investment opportunity in the Los Angeles market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,845,000
• Address: 101 South Detroit Street
• Market: Los Angeles
• SF: 4,737
• PPSF: $601
• Buyer's Rep: Basya Gradon - Compass
• Seller's Rep: David Flate - Douglas Elliman

Basya Gradon from Compass represented the buyer in this transaction, while David Flate from Douglas Elliman served as the seller's representative in the sale of the multifamily property. Both parties played key roles in facilitating the deal at 101 South Detroit Street, Los Angeles.