Jay Sung Ahn Acquires Multifamily Property In Los Angeles For $1.4M

The multifamily property located at 645-649 N Cummings Street in Los Angeles, CA has been sold in a recent transaction. The property consists of 5 units and spans across 6,675 square feet. The sale price for this transaction was $1,400,000, resulting in a price per unit of $280,000 and a price per square foot of $210.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,400,000
• Units: 5
• Price per Unit: $280,000
• Square Footage: 6,675
• Price per Square Foot: $210
• Address: 645-649 N Cummings Street, Los Angeles, CA
• Market: Los Angeles, CA

Jay Sung Ahn has acquired the property from Ana Morgan and Albert Otero. The sale transaction was facilitated by brokers Alexander Halimi and Elizabeth Clark from Douglas Elliman, as well as Jay Martinez from Kidder Matthews.