Steven Ghalili Purchases 900 North Alfred Street Multifamily From Ben Kermani For $2.8M

The property asset involved in this transaction is a multifamily unit located at 900 North Alfred Street in Los Angeles. The sale was completed for a total price of $2,800,000, featuring 4 units and encompassing a square footage of 5,434. The price per unit (PPU) stands at $700,000, while the price per square foot (PPSF) is noted as $515.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,800,000
• Units: 4
• Square Footage: 5,434
• Price Per Unit: $700,000
• Price Per Square Foot: $515
• Buyer: Steven Ghalili
• Seller: Ben Kermani
• Brokers: Zac Freehling & Tyler Farrar - Pacific Partners Real Estate Investments (KW Beverly Hills)

Key individuals involved in this transaction include the buyer Steven Ghalili and seller Ben Kermani, both of whom played significant roles in the transfer of ownership. The transaction was facilitated by brokers Zac Freehling and Tyler Farrar of Pacific Partners Real Estate Investments, further enhancing the dynamics of the deal with their representation in the market.