John Purcell Sells Multifamily Property At 1542 2nd Avenue In Los Angeles For $1.25M With Buyer's Reps Chase Simonton & Robert Carlile

This multifamily asset sold for $1,250,000, features 8 units, and encompasses a total area of 5,472 square feet. The property is located at 1542 2nd Avenue in the Los Angeles market, with a price per unit of $156,250 and a price per square foot of $228.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,250,000
• Units: 8
• Square Footage: 5,472
• Price Per Unit: $156,250
• Price Per Square Foot: $228
• Seller: John Purcell
• Buyer’s Representative: Chase Simonton & Robert Carlile - Remax One Commercial

The transaction was facilitated by Chase Simonton and Robert Carlile, who represented the buyer, ensuring their interests were aligned throughout the process. Their involvement highlights the critical role of professional representation in real estate transactions.