Jacob Brandon Purchases Multifamily Property From Albert Lin Trust In Los Angeles For $2.6M
California
See Similar DealsJacob Brandon Purchases Multifamily Property From Albert Lin Trust In Los Angeles For $2.6M
830 South Bonnie Brae Street
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The property asset involved in the transaction is a multifamily unit located at 830 South Bonnie Brae Street in the Los Angeles market. The sale price was $2,600,000, with a total of 20 units available. The property has a total square footage of 11,125 and a price per square foot of $233.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,600,000
- Units: 20
- Price Per Unit: $130,000
- Square Footage: 11,125
- Price Per Square Foot: $233
- Buyer: Jacob Brandon
- Seller: Albert Lin
- Broker: Jordan Asheghian - Lyon Stahl Investment Real Estate
- Offers Generated: 8
- Offer Type: Selected Non Contingent Offer
- Closing Terms: 45 Day All Cash Closing
This transaction was facilitated by Jordan Asheghian, who represents Lyon Stahl Investment Real Estate. The deal was notable for generating eight offers, with a non-contingent offer being selected on the first day, ensuring a swift closing process.
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