Deepak Mehta's Xenon Investment Corporation Acquires Multifamily Property On South Serrano Avenue In Los Angeles For $9.8M

A multifamily property located at 238 South Serrano Avenue in Los Angeles has been sold. The property consists of 51 units with a total square footage of 27,252. The sale price for this transaction was $9,800,000, resulting in a price per unit of $192,157 and a price per square foot of $360.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $9,800,000
• Address: 238 South Serrano Avenue, Los Angeles
• Market: Los Angeles
• Buyer: Deepak Mehta - Xenon Investment Corporation
• Seller: Jisoo Suh
• Brokers: Andres Diaz & Daniel Shon - Keller Williams
• Units: 51
• Price per Unit: $192,157
• Square Footage: 27,252
• Price per Square Foot: $360

The buyer in this transaction is Deepak Mehta, representing Xenon Investment Corporation. The seller is Jisoo Suh. Acting as brokers for this deal are Andres Diaz and Daniel Shon from Keller Williams.