Nesim Hason, Leon Hason & Eric Akutagawa Acquire West Adams Multifamily For $1.5M

The sale of a multifamily property took place at 2530 Carmona Ave. in West Adams. The property consists of a fourplex with four spacious three-bedroom, two-bathroom units. Three of the units have been remodeled and were delivered vacant. The sale was transacted on 07/19/2021, with a selling price of $1,500,000. The asking price for the property was $1,588,000, resulting in a price per unit of $375,000. The total square footage of the property is 4,592, making the price per square foot $326. The seller in this transaction was Joong Y. Park.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,500,000
• Units: 4
• Price per Unit: $375,000
• Square Footage: 4,592
• Price per Square Foot: $326

The buyer's representatives in this deal were Nesim "Niso" Hason and Leon Hason from Blue Flamingo Realty. Eric Akutagawa, from Compass, represented the seller. Notably, Nesim "Niso" Hason, the founder and broker of Blue Flamingo Realty, also originated the loan for the buyer. For those interested in contacting Niso Hason, his phone number is 310.997.6196, and his email is [email protected]. The cap rate for this property is 5.5%.