Chase Gardner, Will James & Tom Jonsson Acquire Multifamily Property In Baldwin Village For $3.3M

Located in Baldwin Village, Los Angeles, California, the multifamily property at 4515 August St recently changed hands in a sale transaction. The deal was facilitated by Chase Gardner, Will James, and Tom Jonsson, who represented the parties involved in the transaction. The property consists of 18 units and spans approximately 17,143 square feet. The sale price for this property was $3,300,000, resulting in a per unit price of $183,333 and a price per square foot of $192. With a CAP rate of 2.32%, this transaction offers an insight into the real estate market in Baldwin Village.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,300,000
• Units: 18
• Price Per Unit: $183,333
• Square Footage: 17,143
• Price Per Square Foot: $192

Leading the transaction were Chase Gardner from Upside Realty, and Will James and Tom Jonsson from TomJonssonCRE. Their expertise in the real estate market contributed to the successful completion of the deal. This transaction highlights the continuous activity and investment opportunities present in Baldwin Village, Los Angeles.