Jason Hoffman Acquires Multifamily Property On 501 S Rampart Boulevard, Los Angeles For $5.8M

A multifamily property located at 501 S Rampart Boulevard in Los Angeles has been sold for $5,800,000. The property consists of 48 units, with a price per unit of $120,833. The total square footage is 26,427, resulting in a price per square foot of $219.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,800,000
• Units: 48
• Price Per Unit: $120,833
• Square Footage: 26,427
• Price Per Square Foot: $219

Jason Hoffman purchased the property from Ronald Mayer. The transaction was facilitated by Taylor Avakian and Charles Wright from Matthews Real Estate Investment Services.