LWK Partners Acquires Multifamily Property In Los Angeles From Joe And Jacqueline Kimaz For $4.56M

The asset involved in this transaction is a multifamily property located at 4141 South Bronson Avenue and 4227 Leimert Boulevard in the Los Angeles market. It consists of 24 units, encompassing a total square footage of 15,232. The sale price was established at $4,560,115, resulting in a price per unit of $190,004 and a price per square foot of $299.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,560,115
• Number of Units: 24
• Square Footage: 15,232
• Price Per Unit: $190,004
• Price Per Square Foot: $299
• Buyer: LWK (www.lwkpartners.com) - Matt Carney & Austin Nissly
• Seller: Joe and Jacqueline Kimaz
• Broker: Drew McAllister - NRE Commercial

This transaction marks LWK's 23rd multifamily acquisition in the Greater Los Angeles area and is the first under their joint venture with Cypress Equity Investments.