Michael M Brown Purchases Multifamily Asset From Hyoung Man Pak For $5.288 Million In Carson

A multifamily asset located at 440 East Sepulveda Boulevard in Carson has been sold. The property, which comprises 11 units, was constructed in 2016 and features a total square footage of 9,010. The transaction concluded at a sale price of $5,288,000, resulting in a price per unit of $480,727 and a price per square foot of $586.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,288,000
• Units: 11
• SF: 9,010
• PPU: $480,727
• PPSF: $586
• Buyer: Michael M Brown
• Seller: Hyoung Man Pak
• Seller's Rep: Hazel Brown & Hythum Kiswani - Lyon Stahl Investment Real Estate

The transaction highlights strong investor demand for well-located, low-maintenance assets, as noted by the broker representatives involved in the deal.