Michael Eckhardt Acquires Multifamily Property At 1027 North Ogden Drive For $2.175M

The property involved in the transaction is a multifamily asset located at 1027 North Ogden Drive in the Los Angeles market. It comprises 10 units, with a sale price of $2,175,000, translating to a price per unit of $217,500. The total square footage is 9,303, resulting in a price per square foot of $233.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $2,175,000
• Units: 10
• Price Per Unit: $217,500
• Square Footage: 9,303
• Price Per Square Foot: $233
• Buyer: Michael Eckhardt
• Seller: Juliette Lerner
• Broker: Jordan Asheghian - Lyon Stahl Investment Real Estate
• Offers: 14
• Non Contingent Offer: Day 1
• Escrow Duration: 28 Days
• List Price Sold For: 100%

This transaction highlights the roles of key individuals and companies, with Jordan Asheghian representing the seller Juliette Lerner in the deal. This transaction marks The Jordan Group's 62nd closing in the West Hollywood and adjacent areas.