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Schon Tepler Group Acquires Multifamily Property In Koreatown For $7M

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SOLD
$7,000,000

California

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MultiFamily14,316 SF
Sold 05/18/2022
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Property Image
SOLD

Schon Tepler Group Acquires Multifamily Property In Koreatown For $7M

180 North Alexandria Avenue, Los Angeles, California 90004, United States

See Similar Deals
MultiFamily14,316 SF
Sold 05/18/2022
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$489
Total Square Footage:14,316 SF
Transaction Type:Sale

A multifamily property located at 180 N. Alexandria Ave. in Koreatown has recently been sold. The property consists of 14 units with a total square footage of 14,316. The sale price for the property was $7,000,000, resulting in a price per unit (PPU) of $500,000 and a price per square foot (PPSF) of $488.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $7,000,000
  • Address: 180 N. Alexandria Ave.
  • Market: Koreatown
  • Units: 14
  • Price per Unit (PPU): $500,000
  • Total Square Footage (SF): 14,316
  • Price per Square Foot (PPSF): $488

The sale was facilitated by Schon Tepler Group, with Artem Tepler and Paul Schon representing the seller. No additional information regarding the buyer or financing details were provided.

Players

3 deals$23.9M volume
SELLER

7 deals$65.1M volume
SELLER

Details

SOLD
IMAGE: Paul Schon & Artem Tepler DATE: 05/18/2022 ADDRESS: 180 N. Alexandria Ave. MARKET: Koreatown ASSET TYPE: Multifamily SELLER: Schon Tepler Group (@STLivingLA) - Artem Tepler (@ArtemTepler) & Paul Schon (@PaulSchon1) SALE PRICE: $7,000,000 UNITS: 14 ~ PPU: $500,000 SF: 14,316 ~ PPSF: $488

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