The multifamily property located at 307 Roselake Ave in Los Angeles was recently sold for $1,100,000. The transaction took place on December 30, 2020. The property consists of 3 units, with each unit having an average price per unit (PPU) of $366,666. The total square footage of the property is 2,450, resulting in a price per square foot (PPSF) of $448. The sale was facilitated by Derrick J. Smith from LiveLuxuryLA, who represented the buyer, Vesna Meehan, and the seller, Michael Ambrosio.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,100,000
• Address: 307 Roselake Ave, Los Angeles
• Date: December 30, 2020
• Units: 3
• Price per Unit (PPU): $366,666
• Total Square Footage: 2,450
• Price per Square Foot (PPSF): $448
• Buyer: Vesna Meehan
• Seller: Michael Ambrosio
• Broker: Derrick J. Smith @LiveLuxuryLA

This transaction showcases the successful collaboration between Vesna Meehan as the buyer, Michael Ambrosio as the seller, and Derrick J. Smith from LiveLuxuryLA as the broker. The property's attractive price and desirable location in Los Angeles contributed to its appeal to both the buyer and the seller. This deal highlights the ongoing activity and opportunities in the multifamily market in the Los Angeles area.