Arash Danialifar Acquires Multifamily Property In Los Angeles For $8.4M

Located in Los Angeles, the multifamily property at 514 - 570 N. Madison has recently been sold for a price of $8,400,000. The transaction took place on 04/15/2022 and involved a total of 25 units, resulting in a price per unit of $336,000. The property spans across 19,506 square feet, translating to a price per square foot of $430.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,400,000
• Units: 25
• Price per Unit: $336,000
• Square Footage: 19,506
• Price per Square Foot: $430
• Market: Los Angeles

The buyer of this property is Arash Danialifar, while the sellers are Diane Loesch Klein and Williame Loesch. The transaction was facilitated by the brokers Rick Ramirez, Eric Mandell, Chris Kim, and Luc Hawkshaw from Ally Commercial Real Estate. Their expertise and guidance contributed to the successful completion of this deal.