Tim Smith & Karolin Poursalimi Facilitate $2.385M Sale Of Multifamily In Los Angeles

The multifamily property located at 1747 Stoner Avenue in Los Angeles was sold for $2,385,000. This property, occupying 1,851 square feet on a 7,377 square foot parcel zoned R3 (Q), offers development potential for a 6-unit project in a prime location near Sawtelle Blvd, Little Japantown, and Stoner Recreation Center.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,385,000
• Units: 6
• Price Per Unit: $397,500
• Square Footage: 1,851
• Price Per Square Foot: $1,288
• Address: 1747 Stoner Avenue
• Market: Los Angeles

The buyer, represented by Tim Smith of Coldwell Banker, and the seller, represented by Karolin Poursalimi of Douglas Elliman, were the key individuals involved in the transaction of the multifamily property. The property's location in a rapidly developing area with various amenities and attractions makes it a strategic investment opportunity.