Dana Brody Of Marcus & Millichap Sells Multifamily Property In Los Angeles For $5.1M

The property asset involved in this transaction is a multifamily building located at 8926 Sawyer Street in Los Angeles. The sale price for the property was $5,100,000, which breaks down to a price per unit of $1,020,000. The total square footage of the property is 8,240, resulting in a price per square foot of $618.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,100,000
• Units: 5
• Square Footage: 8,240
• Price Per Unit: $1,020,000
• Price Per Square Foot: $618
• Seller's Representative: Dana Brody - Marcus & Millichap

The sale was exclusively listed by The Brody Group, a team known for their extensive experience with multifamily investment properties, having sold well over $1 billion throughout the Greater Los Angeles Area. The transaction was notably completed in under 90 days.