Kyle Ransford Purchases Multifamily Property From James Petronie For $1.5M In Los Angeles

The property asset involved in this transaction is a multifamily building located at 230 North Reno Street in Los Angeles. The sale was finalized for $1,500,000, which reflects a price per unit of $150,000 across its 10 units. The building has a total square footage of 6,160, resulting in a price per square foot of $243.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $1,500,000
• Address: 230 North Reno Street
• Market: Los Angeles
• Units: 10
• Price Per Unit: $150,000
• Square Footage: 6,160
• Price Per Square Foot: $243
• Buyer: Kyle Ransford
• Seller: James Petronie
• Buyer's Representative: Jeff Pierce - Miller & Desatnik Realty
• Seller's Representative: Jonathan Taksa - Taksa Investment Group

This transaction highlights the involvement of key individuals: the buyer, Kyle Ransford, and the seller, James Petronie. The buyer was represented by Jeff Pierce from Miller & Desatnik Realty, while Jonathan Taksa from Taksa Investment Group represented the seller in this deal.