Tahha Elsherif Of WERE Real Estate Represents Buyer In Sale Of Los Angeles Multifamily For $3.01M

2404 South Cochran Avenue, located in the Los Angeles market, is a fully leased fourplex asset that encompasses three 4-bedroom townhomes and one 3-bedroom unit, totaling 6,605 square feet. The property was sold for $3,006,075, equating to a price per square foot of $455. It generates over $227K in annual rent, reflecting a cap rate of 5.94% in a high-demand, desirable neighborhood.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,006,075
• Square Footage: 6,605
• Price Per Square Foot: $455
• Address: 2404 South Cochran Avenue
• Market: Los Angeles
• Buyer's Representative: Tahha Elsherif - WERE Real Estate
• Seller's Representatives: Lauren Cearley & Cheyenne Womack - Myunits.com Inc

This transaction involved Tahha Elsherif representing the buyer, while the seller was represented by brokers Lauren Cearley and Cheyenne Womack, showcasing collaboration among the parties in the competitive real estate environment of Los Angeles.