This multifamily asset located at 1236 McClellan Drive in Los Angeles has been sold for $3,050,000. The property includes 9 units and encompasses a total square footage of 7,527. The price per unit stands at $338,888, while the price per square foot is $405.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,050,000
• Units: 9
• Price Per Unit: $338,888
• Square Footage: 7,527
• Price Per Square Foot: $405
• Buyer: Bradley Kohen
• Seller: Andrea O. Sarafian Revocable Trust
• Buyer’s Representative: Yigal Fatirian - Lyon Stahl Investment Real Estate
• Seller’s Representative: Daniel Glaser - Glaser Property Management
• Market: Los Angeles

The successful acquisition was facilitated by Yigal Fatirian of Lyon Stahl Investment Real Estate, who leveraged strategic negotiation skills to achieve notable investment metrics, which included a 10.68 GRM and a 5.65% CAP rate, showcasing the effectiveness of his market expertise in this transaction.