LA Apartments Purchases Multifamily Asset From Paladin Realty For $14,537,400 In Pacoima

The property asset involved in this transaction is a multifamily building located at 10560 Haddon Avenue in the Pacoima market. The sale transaction was executed for a total amount of $14,537,400, featuring 85 units with a price per unit of $171,028. The property encompasses a total square footage of 74,896, which results in a price per square foot of $194.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $14,537,400
• Units: 85
• Price Per Unit: $171,028
• Square Footage: 74,896
• Price Per Square Foot: $194
• Buyer: LA Apartments
• Seller: Paladin Realty
• Brokers: Jeff Louks, Matt Ziegler & Elliot Sabag - Marcus & Millichap

Key individuals involved in the deal include the buyer, LA Apartments, and the seller, Paladin Realty. The transaction was facilitated by brokers Jeff Louks, Matt Ziegler, and Elliot Sabag from Marcus & Millichap, who represented the parties in the successful negotiation and execution of the sale.