Bill Scap Purchases Multifamily Property At 1442 Lucile Avenue Los Angeles For $2.92M

The property asset involved in this transaction is a multifamily building located at 1442 Lucile Avenue in the Los Angeles market. The sale occurred at a transaction amount of $2,920,000, comprising 12 units and offering a total square footage of 8,078. The price per unit amounts to $243,333, while the price per square foot stands at $361.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,920,000
• Units: 12
• Square Footage: 8,078
• Price per Unit: $243,333
• Price per Square Foot: $361
• Buyer: Bill Scap
• Seller: Harold Wisehaupt
• Buyer’s Representative: Michael Kamara - The Kamara Multifamily Group
• Seller’s Representative: Michael Sterman - Marcus & Millichap

This transaction highlights the involvement of key individuals, with Bill Scap identified as the buyer and Harold Wisehaupt as the seller. The deal was facilitated by Michael Kamara representing the buyer through The Kamara Multifamily Group, while Michael Sterman played the role of seller's representative for Marcus & Millichap.