Elliot Shiu Purchases Multifamily Property In Los Angeles From Mike Moradzadeh For $1.18M
California
See Similar DealsElliot Shiu Purchases Multifamily Property In Los Angeles From Mike Moradzadeh For $1.18M
423 East 82nd Street
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This multifamily property is located at 423 East 82nd Street in the Los Angeles market. The sale price of the asset was $1,180,000, consisting of 4 units. The total square footage of the property is 3,031 square feet, resulting in a price per unit of $295,000 and a price per square foot of $389.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,180,000
- Units: 4
- Total Square Footage: 3,031
- Price Per Unit: $295,000
- Price Per Square Foot: $389
- Buyer: Elliot Shiu
- Seller: Mike Moradzadeh
- Broker Representatives: Aaron Jacobson & Brandon Maghen - Lyon Stahl Investment Real Estate
- Date of Transaction: 5/20/2025
Aaron Jacobson and Brandon Maghen co-listed this property, generating multiple competitive offers and securing a sale $30,000 above the asking price within just 7 days on the market. Their strategic marketing approach and proactive outreach contributed significantly to the strong demand for this transaction.
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