Jacob Brandon Purchases Multifamily Property From Albert Lin Trust In Los Angeles For $2.6M

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.