Ronald Mayer Acquires 12-Unit Multifamily Property In East Hollywood For $3M

A multifamily property located at 1333 N Kingsley Dr in East Hollywood, Los Angeles, CA has been sold in a recent transaction. The property consists of 12 units with a total square footage of 9,000. The sale price for the property was $3,000,000, which translates to a price per unit (PPU) of $250,000 and a price per square foot (PPSF) of $333.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,000,000
• Units: 12
• Price per Unit (PPU): $250,000
• Square Footage: 9,000
• Price per Square Foot (PPSF): $333

Ronald Mayer has acquired the property from John Frank. The brokerage services were provided by Ariel Sayani from Kidder Matthews.