Rick Peters Purchases Multifamily Asset At 3674 Empire Drive Los Angeles For $2.1M

The property involved in this transaction is a multifamily asset located at 3674 Empire Drive in Los Angeles. The sale price was $2,100,000 for the property, which includes 10 units. The total square footage of the asset is 6,488, resulting in a price per unit of $210,000 and a price per square foot of $323.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,100,000
• Units: 10
• Square Footage: 6,488
• Price Per Unit: $210,000
• Price Per Square Foot: $323
• Buyer: Rick Peters
• Seller: Larry Ikamoto
• Buyer's Representative: Shawn Mehrannia - The Home Team Realty
• Seller's Representative: Jake Glaser - Lyon Stahl Investment Real Estate

Key individuals involved in the deal include buyer Rick Peters and seller Larry Ikamoto, with representation by Shawn Mehrannia from The Home Team Realty and Jake Glaser from Lyon Stahl Investment Real Estate, respectively.