Helen Lai Of West Shores Realty Represents Buyer In $2.485M Sale Of San Pedro Multifamily Property

The property involved in this transaction is a multifamily asset located at 1012 South Herbert Avenue in Los Angeles. It was sold for $2,485,000, comprising four units and covering a total square footage of 5,458. The price per unit stands at $621,250, while the price per square foot is $455.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,485,000
• Units: 4
• Square Footage: 5,458
• Price Per Unit: $621,250
• Price Per Square Foot: $455
• Buyer's Representative: Helen Lai - West Shores Realty
• Seller's Representative: Christian Limon - Century 21 A Better Service
• Date of Transaction: 08/26/2024

Helen Lai of West Shores Realty and Christian Limon of Century 21 facilitated this transaction, marking the sale of a newly developed property that features two 2-story duplexes equipped with modern amenities. It is strategically located near major freeways and educational institutions.