Demis Dokhanian Of JNM Realty Sells Los Angeles Multifamily Asset For $1.575M

The property asset involved in the transaction is a multifamily building located at 427 South Alvarado Street, Los Angeles. The sale price for the asset was $1,575,000, encompassing 16 units within a total square footage of 10,976. The price per unit was calculated at $98,437, with a price per square foot of $143.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,575,000
• Units: 16
• Square Footage: 10,976
• Price Per Unit: $98,437
• Price Per Square Foot: $143
• Market: Los Angeles
• Broker: Demis Dokhanian - JNM Realty

This transaction was sold off the market by JNM Realty, with Demis Dokhanian representing the interests in the deal. Interested parties seeking to buy or sell properties, or needing market insights, can contact Demis Dokhanian at (310) 270-6616 or via email at [email protected].