In Los Angeles, a multifamily property located at 5869-5875 South San Pedro Street was recently purchased for $4.8 million. This property consists of 8 units, spanning a total area of 17,947 square feet, with a price per unit of $600,000 and a price per square foot of $267.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,800,000
• Units: 8
• Price Per Unit: $600,000
• Square Footage: 17,947
• Price Per Square Foot: $267
• Address: 5869-5875 South San Pedro Street
• Market: Los Angeles

Sreehari Kommalapati of First Federal Bancorp represented the buyer in this transaction, while Jason Tuvia from Marcus & Millichap acted as the seller's representative, facilitating the deal between the two parties.