Jie Kang Acquires 6-Unit Multifamily In Los Angeles For $1.6M

The multifamily property located at 532 South Saint Louis Street in Los Angeles was recently sold for $1,600,000. This property consists of six units with a total square footage of 4,542 square feet, resulting in a price per unit of $266,667 and a price per square foot of $352.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $1,600,000
• Units: 6
• Price Per Unit: $266,667
• Square Footage: 4,542 sqft
• Price Per Square Foot: $352
• Address: 532 South Saint Louis Street
• Market: Los Angeles

Jie Kang purchased the property from Erwin Pineda. The sale was brokered by Eric Chavez and James Zih Huang, who are part of eXp Commercial Realty. James Zih Huang specializes in apartment and land investment sales in specific submarkets within Los Angeles. On the other hand, Eric S. Chavez, CCIM, is the owner of CAREBF Inc., a company offering comprehensive commercial real estate services throughout the greater Los Angeles area.