Yehuda Kali Purchases Multifamily Property From Wilshire Quinn Income Fund For $4.8M In Los Angeles

The property involved in this transaction is a multifamily asset located at 1829 Tamarind Avenue in Los Angeles. It was sold for $4,800,000. The asset comprises 33 units, with a price per unit of $145,454. The total square footage of the building is 17,095, which gives a price per square foot of $280.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,800,000
• Address: 1829 Tamarind Avenue
• Market: Los Angeles
• Units: 33
• Price Per Unit: $145,454
• Square Footage: 17,095
• Price Per Square Foot: $280
• Buyer: Yehuda Kali
• Seller: Wilshire Quinn Income Fund
• Broker: Shaya Lowenstein - Lyon Stahl Investment Real Estate

This transaction was an all-cash deal that closed in 21 days and was conducted off-market. The property was sold with 18 vacancies at the time of sale.