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Omninet Capital Acquires Multifamily Property In Koreatown For $32.4M

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SOLD
$32,400,000

California

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MultiFamily70,000 SF
Sold 07/22/2020
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SOLD

Omninet Capital Acquires Multifamily Property In Koreatown For $32.4M

535 S Kingsley Dr, Los Angeles, CA 90020, USA

See Similar Deals
MultiFamily70,000 SF
Sold 07/22/2020
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$462
Total Square Footage:70,000 SF
Transaction Type:Sale

The property involved in this transaction is a multifamily asset located at 535 S. Kingsley Dr in Koreatown. This property spans a total of 70,000 square feet and was sold for a price of $32,400,000, resulting in a price per square foot of $465. The asset consists of 72 units, with each unit having a price per unit of $450,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $32,400,000
  • Address: 535 S. Kingsley Dr
  • Market: Koreatown
  • Square Footage: 70,000
  • Price per Square Foot: $465
  • Number of Units: 72
  • Price per Unit: $450,000

The buyer in this transaction is Omninet Capital, represented by Neil Kadisha. The seller is Jamison Properties, with Jaime Lee as their representative.

Players

NK
Neil Kadisha
3 deals$127.4M volume
BUYER

Details

SOLD
IMAGE: IMAGE: Neil Kadisha & Jaime Lee DATE: 07/22/2020 ADDRESS: 535 S. Kingsley Dr MARKET: Koreatown ASSET TYPE: Multifamily PRICE: $32,400,000 SF: 70,000 PPSF: $465 UNITS: 72 PPU: $450,000 BUYER: Omninet Capital – Neil Kadisha SELLER: Jamison Properties – Jaime Lee

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