David Ifediba Acquires Multifamily Property On 426 East 79th Street From Chris Barker For $890,000

The property involved in this transaction is a multifamily asset located at 426 East 79th Street in Los Angeles. The sale price was $890,000 for the building, which includes a total of 4 units and spans a square footage of 2,848. The price per unit is $222,500, and the price per square foot is $312.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $890,000
• Units: 4
• Square Footage: 2,848
• Price per Unit: $222,500
• Price per Square Foot: $312
• Buyer: David Ifediba
• Seller: Chris Barker
• Broker: Taylor Avakian - Lyon Stahl Investment Real Estate
• Note: 1 unit was delivered vacant

The broker involved in this transaction, Taylor Avakian from Lyon Stahl Investment Real Estate, facilitated the deal, representing the buyer, David Ifediba, and the seller, Chris Barker. The transaction reflects ongoing activity in the Los Angeles multifamily market, highlighting significant movement within the real estate sector.