Johnny Jacobs Purchases Multifamily Property From Kent Sather For $1.9 Million In Los Angeles

The property asset involved in this transaction is a multifamily building located at 11980 Nebraska Avenue in the Los Angeles market. The property was sold for $1,900,000, comprising 10 units with a price per unit of $190,000. The total square footage of the asset is 8,332, which results in a price per square foot of $228.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,900,000
• Units: 10
• Price per Unit: $190,000
• Square Footage: 8,332
• Price per Square Foot: $228
• Buyer: Johnny Jacobs
• Seller: Kent Sather
• Broker Representatives: Peter James, William James & Jason Matatiaho - Lyon Stahl Investment Real Estate

The individuals involved in this transaction include buyer Johnny Jacobs, who acquired the multifamily property, and seller Kent Sather, who divested the asset. The transaction was facilitated by broker representatives Peter James, William James, and Jason Matatiaho, all associated with Lyon Stahl Investment Real Estate.