Deepak Mehta Nataliya Mehta And Vivyannah Mehta Acquire Multifamily Portfolio In Los Angeles For $4.6M

The transaction involves a multifamily property portfolio sale located at 10354, 10366 & 10370 Ashton Avenue and 1231 Devon Avenue in the Los Angeles market. The overall sale price was $4,600,000 for a total of 14 units, offering a price per unit of $328,571. The square footage across these properties totals 12,459, with a price per square foot of $369.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,600,000
• Buyer: Deepak Mehta, Nataliya Mehta, Vivyannah Mehta
• Seller: Lori Anne Guggenhelm - Hochman Trust; Richard & Shelley A Bayer - Bayer Trust; Barry Tuch - Tuch Trust
• Broker: Benjamin Lewin - Marcus & Millichap
• Units: 14
• Square Footage: 12,459
• Price Per Unit: $328,571
• Price Per Square Foot: $369

The transaction was facilitated by broker Benjamin Lewin from Marcus & Millichap, representing the interests of the buyers Deepak Mehta, Nataliya Mehta, and Vivyannah Mehta. The properties sold were part of a portfolio that included four distinct locations, specifically the three Ashton Avenue properties and the Devon Avenue property.