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Mario Morales Acquires 16-Unit Multifamily Property In Los Angeles For $2.6M

Property Image
SOLD
$2,600,000
Han Widjaja Chen
Abel Benitez
Marc Schwartz

California

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MultiFamily9,408 SF
Sold 12/04/2023
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Property Image
SOLD

Mario Morales Acquires 16-Unit Multifamily Property In Los Angeles For $2.6M

2314 West Pico Boulevard

See Similar Deals
MultiFamily9,408 SF
Sold 12/04/2023
Han Widjaja Chen
Abel Benitez
Marc Schwartz
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$276
Total Square Footage:9,408 SF
Transaction Type:Sale

A multifamily property located at 2314 West Pico Boulevard in Los Angeles has been sold in a closed transaction. The property consists of 16 units with a total square footage of 9,408. The sale price was $2,600,000, resulting in a price per unit of $162,500 and a price per square foot of $276.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,600,000
  • Address: 2314 West Pico Boulevard
  • Market: Los Angeles
  • Units: 16
  • Price per Unit: $162,500
  • Square Footage: 9,408
  • Price per Square Foot: $276

The buyer of the property is Mario Morales, and the seller is John Seung. The deal was facilitated by Han Widjaja Chen, Abel Benitez, and Marc Schwartz from Growth Investment Group, who represented both Buyer and Seller.

Players

Han Widjaja Chen
Growth Investment Group
Han Widjaja Chen
21 deals$99.3M volume(626) 224-2495
BROKER
Abel Benitez
Growth Investment Group
Abel Benitez
1 deal$2.6M volume(213) 595-8105
BROKER
Marc Schwartz
Growth Investment Group
Marc Schwartz
1 deal$2.6M volume(213) 362-8500
BROKER

Details

SOLD
IMAGE: Han Widjaja Chen, Abel Benitez & Marc Schwartz DATE: 12/04/2023 ADDRESS: 2314 West Pico Boulevard MARKET: Los Angeles ASSET TYPE: Multifamily BUYER: Mario Morales SELLER: John Seung BROKERS: Han Widjaja Chen (@HanWidjajaChenccim), Abel Benitez (@AbeleBenitez) & Marc Schwartz (@MultifamilyMarc) - Growth Investment Group ASKING PRICE: $2,600,000 SALE PRICE: $2,600,000 UNITS: 16 ~ PPU: $162,500 SF: 9,408 ~ PPSF: $276

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