Michael Rashi Acquires Multifamily Property From Sylvia Meyer For $2.034M In Los Angeles

The asset involved in this transaction is a multifamily property located at 828 South Holt Avenue in the Los Angeles market. The sale transaction was completed for a total amount of $2,034,000, encompassing 5 units within a total square footage of 5,580. The price per unit stands at $406,800, while the price per square foot is recorded at $364.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,034,000
• Units: 5
• Square Footage: 5,580
• Price Per Unit: $406,800
• Price Per Square Foot: $364
• Buyer: Michael Rashi
• Seller: Sylvia Meyer
• Broker: Michael Kamara - The Kamara Multifamily Group

The deal was executed with Michael Rashi acting as the buyer, acquiring the property from seller Sylvia Meyer, with brokerage representation provided by Michael Kamara from The Kamara Multifamily Group, facilitating the transaction.