Located in the vibrant Los Feliz neighborhood, the multifamily property at 1804 N. Serrano Ave. recently changed hands in a closed transaction. The sale was facilitated by David Leibowitz of Investment Real Estate Associates. The property spans 3,674 square feet, offering four units to its new owner, Bonnie Tsai. The sale price for this transaction amounted to $2,380,000, resulting in a per unit price of $595,000. The price per square foot was approximately $647.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,380,000
• Units: 4
• Price per Unit: $595,000
• Square Footage: 3,674
• Price per Square Foot: $647

David Sewitz acted as the seller in this transaction. David Leibowitz, representing Investment Real Estate Associates, served as the seller's representative. The sale marks a successful deal completed by the involved parties.