Kyle Ransford Purchases Multifamily Asset From Richard Mills Trust In Los Angeles For $1.5M

The property involved in this transaction is a multifamily asset located at 6417 South Vermont Avenue in Los Angeles. The sale price for this property was $1,500,000, comprising 16 units. The total square footage of the building is 7,584, resulting in a price per unit of $93,750 and a price per square foot of $198.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,500,000
• Units: 16
• Square Footage: 7,584
• Price Per Unit: $93,750
• Price Per Square Foot: $198
• Buyer: Kyle Ransford
• Seller: Richard Mills Trust
• Broker: Sean Rosenzweig - Marcus & Millichap

Kyle Ransford acted as the buyer in this transaction, while Richard Mills Trust was the seller. The deal was brokered by Sean Rosenzweig from Marcus & Millichap, facilitating the transfer of ownership between the parties involved.