Sam H. Grayeli Acquires Multifamily Property From Steve Mizrahi In Los Angeles For $1.1M

The property asset involved in the transaction is a multifamily unit located at 1655 Carmona Avenue, Los Angeles. The sale was finalized for a price of $1,100,000, encompassing a total of 6 units. The building has a total square footage of 5,568, resulting in a price per unit of $183,333 and a price per square foot of $197.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $1,100,000
• Units: 6
• Square Footage: 5,568
• Price Per Unit: $183,333
• Price Per Square Foot: $197
• Buyer: Sam H. Grayeli
• Seller: Steve Mizrahi
• Brokers: Michael Kamara - The Kamara Multifamily Group; Michael Sterman - Marcus & Millichap

The transaction involved key players including buyer Sam H. Grayeli and seller Steve Mizrahi. Representing the interests of the buyer and seller were brokers Michael Kamara from The Kamara Multifamily Group and Michael Sterman from Marcus & Millichap, highlighting the expertise brought into this multifamily real estate deal.