Bill Hwang Acquires Multifamily Property From Mike Schultze In Los Angeles For $3.03M

The property is a multifamily asset located at 3636 Keystone Avenue in the Los Angeles market. The sale price was $3,028,000 for a total of 10 units, resulting in a price per unit of $302,800. The structure encompasses 8,780 square feet, with a price per square foot of $344.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,028,000
• Address: 3636 Keystone Avenue
• Buyer: Bill Hwang
• Seller: Mike Schultze
• Brokers: Cormac McCain & Everett Wong - Greysteel
• Units: 10
• Square Footage: 8,780
• Price Per Unit: $302,800
• Price Per Square Foot: $344

The transaction involved key individuals including buyer Bill Hwang and seller Mike Schultze. The brokers representing the deal were Cormac McCain and Everett Wong from Greysteel, facilitating the completion of this multifamily property transaction.