Elliot Nayssan Acquires 18-Unit Multifamily In Los Angeles For $10.2M

Located at 1222 Amherst Avenue in Los Angeles, this multifamily property has been sold in a recent transaction. The property spans a total of 24,217 square feet and consists of 18 units. The sale price for this transaction was $10,200,000, resulting in a per unit price of $566,667. The price per square foot came out to be $421.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,200,000
• Address: 1222 Amherst Avenue, Los Angeles
• Units: 18
• Price per Unit: $566,667
• Total Square Footage: 24,217
• Price per Square Foot: $421

Elliot Nayssan acquired the property from Deepak Mehta. Representing the buyer in this transaction was Elliot Sabag, Hamid Soroudi, and Jeff Louks from Marcus & Millichap.