Leo Lee Acquires Multifamily Property In Los Angeles For $7.15M From Seller Kenneth Svilich

The multifamily property located at 430 South Gramercy Place in Los Angeles has been sold in a closed transaction. The property consists of 30 units with a price per unit of $238,333. The total square footage of the property is 20,497, with a price per square foot of $349. The sale price for the transaction was $7,150,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,150,000
• Address: 430 South Gramercy Place, Los Angeles
• Units: 30
• Price per Unit: $238,333
• Square Footage: 20,497
• Price per Square Foot: $349

The buyer for this transaction was Leo Lee, while Kenneth Svilich was the seller. The broker representing both parties in the deal was Keon Truth from The Mogharebi Group.