Stepp Commercial Brokers Sell 8-Unit Multifamily Property In Koreatown For $2.85M

An eight-unit multifamily property located at 821 S. Gramercy Drive in Koreatown has been sold for $2,850,000. The property was sold on 01/21/2021, and it is situated in a prime location in Koreatown. The sale price per unit was $317,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,850,000
• Units: 8
• Price per Unit (PPU): $317,000

The sale of this multifamily property was facilitated by brokers Kimberly R. Stepp and Len Kay from Stepp Commercial. They represented the parties involved in the transaction and played a vital role in the successful completion of the deal.