William James Acquires Multifamily Property In Boyle Heights For $1.1M

The property involved in this transaction is a multifamily asset located at 2744 Lanfranco St. in Boyle Heights. It consists of 6 units with a total square footage of 3,816. The sale price for this property was $1,100,000, resulting in a price per unit of $183,333 and a price per square foot of $288.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,100,000
• Units: 6
• Price per Unit: $183,333
• Square Footage: 3,816
• Price per Square Foot: $288

The buyer in this transaction was William James, while the seller was Shawn Tavakoli. The brokers involved in the deal were Zac Freehling, David Regalado, and Anthony Amezquita from PacificPartnersLA.