Hwa Son Kim Acquires Multifamily Property In Hancock Park For $5.37M

Located at 537 N. Orange Dr. in Hancock Park, this multifamily property has recently been sold. The property features a total of 10 units, with a sale price of $5,365,000. This translates to a per unit price of $536,500. The property spans approximately 6,130 square feet, with a price per square foot of $875.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,365,000
• Units: 10
• Price per Unit: $536,500
• Square Footage: 6,130
• Price per Square Foot: $875
• Market: Hancock Park

The buyer of this property is Hwa Son Kim, while Reuven Gradon served as the seller. The transaction was facilitated by broker Michael Monempour.