Saurabh Singal Purchases Multifamily Property From Chris Montes For $1.16M In Los Angeles

The asset involved in this transaction is a multifamily property located at 5903 Bonsallo Avenue in the Los Angeles market. The property comprises 4 units and spans a total square footage of 3,232, achieving a price per unit of $290,000 and a price per square foot of $358. The sale was finalized for a total of $1,160,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,160,000
• Address: 5903 Bonsallo Avenue
• Market: Los Angeles
• Units: 4
• Price per Unit: $290,000
• Square Footage: 3,232
• Price per Square Foot: $358
• Buyer: Saurabh Singal
• Seller: Chris Montes
• Seller's Representative: Taylor Avakian - Lyon Stahl Investment Real Estate

This transaction highlights the involvement of Saurabh Singal as the buyer and Chris Montes as the seller, with Taylor Avakian representing the seller in this deal, facilitating the transaction on behalf of the seller. NOTE FROM SELLER'S REP: Head over to @thegroupcre for the full story.