Joe Kim Acquires Multifamily Asset At 3651 McLaughlin Avenue From Kyle Bernard For $3.26M

The asset involved in this transaction is a multifamily property located at 3651 McLaughlin Avenue in Los Angeles. The sale price for the property is $3,260,000, which reflects a price per unit of $326,000. The property encompasses 7,414 square feet of space, resulting in a price per square foot of $439.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,260,000
• Units: 10
• Square Footage: 7,414
• Price Per Unit: $326,000
• Price Per Square Foot: $439
• Buyer: Joe Kim
• Seller: Kyle Bernard
• Seller's Representative: Nathan Shaolian - Kidder Mathews
• Date of Transaction: 09/09/2025
• Market: Los Angeles

Nathan Shaolian represented the Seller in the sale of the multifamily property at 3651 McLaughlin Ave, which is part of a three-building multifamily portfolio. He is currently overseeing the Seller’s 1031 exchange, strategically positioning the Seller into a higher-yielding asset out of state.