Sam Bornstein, Young Choi, Alan Huerta & Eva Grover Buy Multifamily Portfolio In Los Angeles For $9.475M

The transaction involved a portfolio sale of multifamily assets located in Los Angeles, encompassing six distinct buildings. The total sale price for this portfolio was $9,475,000, covering 65 units across the properties. The total square footage amounted to 47,794, with a price per unit of $145,769 and a price per square foot of $198. The addresses included in this portfolio are 4520 Willow Brook Avenue, 1542 2nd Avenue, 1123 South Norton Avenue, 4051 West 4th Street, 5430 Smiley Drive, and 3421 South Norton Avenue.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,475,000
• Units: 65
• Square Footage: 47,794
• Price Per Unit: $145,769
• Price Per Square Foot: $198
• Buyer: Sam Bornstein, Young Choi, Alan Huerta & Eva Grover
• Seller: John Purcell
• Seller's Representative: Andrew Malekie & Coby Chatwin - Link Brokerages

This transaction was facilitated by the seller's representatives, Andrew Malekie and Coby Chatwin, illustrating their role in managing the sale process for the seller, John Purcell. The buyer group consisted of four individuals, indicating a collaborative effort to acquire this multifamily portfolio.