Mark Colman Acquires 15-Unit Multifamily In Central Los Angeles For $3.2M

A multifamily property located at 153 S. Avenue 57 in Central Los Angeles has been sold on November 19, 2021. The property consists of 15 units with a total square footage of 10,294. The sale price for this transaction was $3,175,000, resulting in a per unit price of $211,666 and a price per square foot of $308.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,175,000
• Units: 15
• Price per Unit: $211,666
• Square Footage: 10,294
• Price per Square Foot: $308
• Address: 153 S. Avenue 57
• Market: Central Los Angeles

The buyer of the property was Mark Colman, while the seller was Hyman Kosman. The transaction was facilitated by brokers Taylor Avakian and Charles Wright from Matthews Real Estate Investment Services.