Stephen Melnyk Sells Multifamily Property At 111 Hamlet Street And 2233 Merton Ave For $6.11M

The property involved in this transaction is a multifamily asset located at 111 Hamlet Street & 2233 Merton Ave in the Los Angeles market. It was sold for $6,110,000 and comprises a total of 40 units. The square footage of the asset is 29,377, resulting in a price per unit of $152,750 and a price per square foot of $207.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,110,000
• Units: 40
• Square Footage: 29,377
• Price Per Unit: $152,750
• Price Per Square Foot: $207
• Seller: Stephen Melnyk
• Broker: Paul Darrow - Walker & Dunlop
• Date of Sale: 03/20/2025

The deal was facilitated by Paul Darrow representing the seller, Stephen Melnyk, who played a crucial role in the transaction process. Walker & Dunlop was involved as the brokerage firm in this sale, highlighting the collaboration between these key parties within the real estate market.