Grace Gaerlan And Robert Rodriguez Of Compass Represent Buyer In $2.526M Los Angeles Multifamily Sale

The property located at 1214 South Sycamore Avenue in Los Angeles is a multifamily asset that sold for $2,526,000. The asset features a total of 3 units and encompasses a square footage of 4,280. The price per unit stands at $842,000, while the price per square foot is recorded at $590.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,526,000
• Units: 3
• Square Footage: 4,280
• Price Per Unit: $842,000
• Price Per Square Foot: $590
• Buyer's Representative: Grace Gaerlan & Robert Rodriguez - Compass
• Seller's Representative: David Robles - Real Broker

Grace Gaerlan and Robert Rodriguez of Compass represented the buyer in this transaction, while David Robles of Real Broker represented the seller. The property includes three vacant units and a newly constructed ADU, with projected total rental income estimated at $14,000 per month.