Pacific Partners Real Estate Investments Acquires Multifamily Property In Echo Park For $3.4M

An multifamily property located at 1039 N. Bonnie Brae St. in Echo Park has been sold for a total price of $3,400,000. The property consists of 29 units, with a price per unit of $117,000. The total square footage of the property is 9,983, and the price per square foot is $340.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,400,000
• Address: 1039 N. Bonnie Brae St.
• Market: Echo Park
• Units: 29
• Price Per Unit: $117,000
• Square Footage: 9,983
• Price Per Square Foot: $340

Pacific Partners Real Estate Investments, represented by Zac Freehling and Max Lund, along with Sean Rosenzweig from Marcus & Millichap, were the brokers involved in the sale of this property.