Ruzanna Khechumyan Acquires MultiFamily In Los Angeles For $2.65M

The property at 1129 East 52nd Street, located in South Los Angeles, is a 15-unit multifamily building encompassing 11,075 square feet. The transaction involved a sale price of $2,650,000, equating to a price per unit of $176,667 and a price per square foot of $239. The property offers updated interiors, various unit sizes, parking, laundry facilities, and the potential for increased rental income, making it an attractive investment opportunity in the local market.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $2,650,000
• Units: 15
• Price Per Unit: $176,667
• Total Square Footage: 11,075
• Price Per Square Foot: $239
• Market: Los Angeles
• Address: 1129 East 52nd Street

Ruzanna Khechumyan, representing the buyer in this transaction, played a crucial role in the acquisition of the multifamily property. On the other side, Andres Diaz and Julian Bloch from Keller Williamsacted as the seller's representatives. This deal showcases the collaboration between different real estate professionals to facilitate successful property transactions in the vibrant Los Angeles market.