Joseph Redenbacher Purchases Multifamily Asset At 1202 South Cochran Avenue For $2,335,000

The property involved in this transaction is a multifamily asset located at 1202 South Cochran Avenue in the Los Angeles market. The sale was completed for a price of $2,335,000, encompassing 6 units across a total square footage of 7,348, resulting in a price per unit of $389,166 and a price per square foot of $317.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,335,000
• Address: 1202 South Cochran Avenue
• Market: Los Angeles
• Units: 6
• Square Footage: 7,348
• Price Per Unit: $389,166
• Price Per Square Foot: $317
• Buyer: Joseph Redenbacher
• Seller: Walter Ferrentino
• Buyer's Representative: Kevin Pankow & Joshua Altman - Douglas Elliman
• Seller's Representative: Jake Glaser - Lyon Stahl Investment Real Estate

This transaction features representatives from Douglas Elliman and Lyon Stahl Investment Real Estate, where Kevin Pankow and Joshua Altman handled the buyer's representation for Joseph Redenbacher, while Jake Glaser represented the seller, Walter Ferrentino. Note from the seller's representative indicates to head to @theglasergroup for the full deal story.