Nazilla Ezzat Khah Yengjeh Purchases Multifamily Property On South Normandie Ave In Mid-Wilshire For $1.7M

A multifamily property located at 142 South Normandie Ave in the Mid-Wilshire market has been sold for $1,700,000. The property consists of 7 units with an average price per unit of $242,857. It spans 5,510 square feet, resulting in a price per square foot of $308. The property's Gross Rent Multiplier (GRM) is 15.18x, and the Capitalization Rate (CAP) is 3.70%.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,700,000
• Address: 142 South Normandie Ave
• Market: Mid-Wilshire
• Units: 7
• Price per Unit: $242,857
• Square Feet: 5,510
• Price per Square Foot: $308
• Gross Rent Multiplier (GRM): 15.18x
• Capitalization Rate (CAP): 3.70%

The buyer of the property is Nazilla Ezzat Khah Yengjeh, while the seller is Marlene Aframian. The deal was facilitated by brokers Carter Kruse and Jason Tuvia.