Deepak Mehta Sells Multifamily Property On Camden Avenue In Los Angeles For $4.97M

The multifamily property located at 1546 Camden Avenue in Los Angeles has been sold in a recent transaction. The property consists of 8 units and has a total square footage of 10,780. The asking price for the property was $5,300,000, and it was eventually sold for $4,979,000. The price per unit (PPU) was $622,375, and the price per square foot (PPSF) was $462.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,979,000
• Units: 8
• Square Footage: 10,780
• Asking Price: $5,300,000
• Price per Unit (PPU): $622,375
• Price per Square Foot (PPSF): $462

The seller of the property was Deepak Mehta. Representing the buyer, Jeff Pierce from Miller & Desatnik Realty facilitated the transaction. On the other hand, Jonathan Taksa from Taksa Investment Group represented the seller in the deal.