Deepak Mehta And Rohit Mehta Purchase Multifamily Asset In Los Angeles For $2,995,000

The property involved in the transaction is a multifamily asset located at 3601 Jasmine Avenue in Los Angeles. It consists of 4,782 square feet and was sold for a price of $2,995,000. The property comprises 9 units, with a price per unit of $332,778 and a price per square foot of $626.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,995,000
• Square Footage: 4,782
• Address: 3601 Jasmine Avenue
• Market: Los Angeles
• Units: 9
• Price per Unit: $332,778
• Price per Square Foot: $626
• Buyer: Deepak Mehta & Rohit Mehta
• Seller: Jim Conen
• Broker: Sam Liberow - Marcus & Millichap

Deepak Mehta and Rohit Mehta are the buyers, while Jim Conen is the seller in this transaction. The deal was facilitated by Sam Liberow, who represents Marcus & Millichap in the transaction.