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Nishi Reddy Acquires Multifamily Property On W 23rd Street In University Park For $2.1M

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SOLD
$2,104,000

California

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MultiFamily5,084 SF
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Nishi Reddy Acquires Multifamily Property On W 23rd Street In University Park For $2.1M

1025 West 23rd Street, University Park, Los Angeles, CA, USA

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MultiFamily5,084 SF
Sold
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$413
Total Square Footage:5084 SF
Transaction Type:Sale

Jordan Asheghian from @instayord, and Sean Rosenzweig from @sean_rosenzweig, were the brokers involved in the sale of a multifamily property located at 1025 W 23rd Street, in University Park. The transaction took place on October 22, 2019, and the property was sold for a total of $2,104,000. The property spans 5,084 square feet, with a price per square foot of $413.85. It consists of 8 units, with a price per unit of $263,000. The buyer of the property was Nishi Reddy, and the seller was Mayer Capital.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,104,000
  • Address: 1025 W 23rd Street
  • Market: University Park
  • Brokers: Jordan Asheghian - @instayord, Sean Rosenzweig - @sean_rosenzweig
  • Square Footage: 5,084 sqft
  • Price per Square Foot: $413.85
  • Units: 8
  • Price per Unit: $263,000

Nishi Reddy acquired the multifamily property located at 1025 W 23rd Street from Mayer Capital with the assistance of brokers Jordan Asheghian from @instayord, and Sean Rosenzweig from @sean_rosenzweig. The deal was closed on October 22, 2019. The property offers 8 units with a total of 5,084 square feet, translating to a price per square foot of $413.85. The transaction amount for the property was $2,104,000, resulting in a price per unit of $263,000.

Players

Sean Rosenzweig
14 deals$99.4M volume
BROKER

Jordan Asheghian
Lyon Stahl Investment Real Estate
55 deals$255.2M volume
BROKER

Details

SOLD
IMAGE: Jordan Asheghian @instayord & Sean Rosenzweig @sean_rosenzweig DATE: 10/22/2019 ADDRESS: 1025 W 23rd Street MARKET: University Park ASSET TYPE: Multifamily BUYER: Nishi Reddy SELLER: Mayer Capital BROKERS: Jordan Asheghian, Sean Rosenzweig PRICE: $2,104,000 SF: 5,084 ~ PPSF: $413.85 UNITS: 8 PPU: $263,000

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