Andres Diaz Of Keller Williams Brokers Sale Of Echo Park Multifamily For $6.25M

The 2020-built apartment complex at 1615 Park Avenue in Los Angeles, featuring 11 units, sold for $6.25 million. Located in Echo Park across from Echo Park Lake, the property offers a mix of one-bedroom and two-bedroom units with private balconies, in-unit washer/dryer, and stainless-steel appliances. The property spans 13,260 square feet and the price per square foot was $471.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,250,000
• Units: 11
• Price Per Unit: $568,182
• Square Footage: 13,260
• Market: Los Angeles

Andres Diaz from Keller Williamsfacilitated the sale of the apartment complex at 1615 Park Avenue in Los Angeles. Representing the transaction, Andres Diaz played a crucial role in finalizing the deal for this multifamily property.