Lou Silver Acquires Multifamily Asset From Irene Wang For $2.8M In Los Angeles

The property asset involved in the transaction is a multifamily unit located at 3945 Frances Avenue in the Los Angeles market. The multifamily asset comprises 19 units, offering a total square footage of 9,165. The sale was completed for a price of $2,800,000, which translates to a price per unit of $147,368 and a price per square foot of $305.

Key individuals in this transaction include the buyer Lou Silver and the seller Irene Wang. The brokers representing the deal are Peter James and William James from Lyon Stahl Investment Real Estate, facilitating the transaction on behalf of the involved parties.