Paul Ling Acquires 38-Unit Multifamily In Silver Lake For $10.7M

The multifamily property located at 528 N. Benton Way in Silver Lake has been sold in a closed transaction. The property consists of 38 units with a total square footage of 40,281. The sale price for this transaction was $10,700,000, resulting in a price per unit of $281,578 and a price per square foot of $265.

Summary of Transaction Details:

• Property Type: Multifamily
• Transaction Amount: $10,700,000
• Address: 528 N. Benton Way
• Market: Silver Lake

The buyer for this transaction is Paul Ling, while the seller is Kaifa Tulay. The deal was facilitated by the brokers Richard Ringer, Isaak Heitzeberg, Aaron Moayed, and Yana Vlady from Marcus & Millichap.