LMA Properties Purchases Multifamily Property From Ray Soleimani For $1.2 Million In Los Angeles

The transaction involves a multifamily asset located at 3438 Mckinley Avenue in the Los Angeles market. The property sold for $1,200,000, featuring 8 units with a price per unit of $150,000. The total square footage of the property is 8,815, resulting in a price per square foot of $136.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,200,000
• Units: 8
• Price per Unit: $150,000
• Square Footage: 8,815
• Price per Square Foot: $136
• Buyer: LMA Properties
• Seller: Ray Soleimani - Ray Management
• Brokers: Aaron Jacobson, Cameron Samimi & Evelyn Baez - Lyon Stahl Investment Real Estate

The deal was facilitated by the brokerage team of Aaron Jacobson, Cameron Samimi, and Evelyn Baez, who represented the seller Ray Soleimani from Ray Management in this transaction.