Adam & Lori Gadsby Purchase Multifamily Property From Marilyn Orr & Suzi Haywood For $4.38M

The property asset involved in this transaction is a multifamily building located at 7749 Saint Bernard Street in Playa del Rey. The sale price for the asset was $4,380,000, which corresponds to a price per unit (PPU) of $312,857. The total square footage of the property is 16,768, resulting in a price per square foot (PPSF) of $261. The building comprises 14 units.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,380,000
• Address: 7749 Saint Bernard Street
• Market: Playa del Rey
• Units: 14
• Price Per Unit: $312,857
• Square Footage: 16,768
• Price Per Square Foot: $261
• Buyer: Adam & Lori Gadsby
• Seller: Marilyn Orr & Suzi Haywood
• Buyer's Representative: Glen Scher & Filip Niculete - Marcus & Millichap
• Seller's Representative: Cameron Samimi - Lyon Stahl Investment Real Estate

The transaction featured Adam and Lori Gadsby as the buyers, while sellers Marilyn Orr and Suzi Haywood were represented by Cameron Samimi from Lyon Stahl Investment Real Estate. Glen Scher and Filip Niculete of Marcus & Millichap represented the buyers in the real estate deal.