Robert Shoy Acquires Multifamily Property At 2305 South Marvin Avenue For $1.8M With Taylor Avakian

The asset involved in this transaction is a multifamily property located at 2305 South Marvin Avenue in the Los Angeles market. The sale price was $1,800,000, and the property comprises 7 units with a total square footage of 5,332. The price per unit was $257,142, and the price per square foot was $337.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $1,800,000
• Units: 7
• Square Footage: 5,332
• Price Per Unit: $257,142
• Price Per Square Foot: $337
• Buyer: Robert Shoy
• Seller: Fernando Trejo
• Broker: Taylor Avakian - Lyon Stahl Investment Real Estate

All 7 units were fully vacant at the time of sale. Taylor Avakian from Lyon Stahl brokered both sides of the deal and is also the host of the No Vacancy, the Real Estate Podcast in Los Angeles.