Beatrice Mandel Sells Multifamily Asset At 901 South Sherbourne Drive For $6,610,000

The property asset involved in the transaction is a multifamily unit located at 901 South Sherbourne Drive, Los Angeles. The sale price for the asset was $6,610,000, consisting of 17 units. The total square footage of the property is 24,234, resulting in a price per unit of $388,823 and a price per square foot of $272.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $6,610,000
• Units: 17
• Square Footage: 24,234
• Price Per Unit: $388,823
• Price Per Square Foot: $272
• Seller: Beatrice Mandel
• Broker: Joe Penich & Hirsch Sherman- KW Commercial
• Date of Sale: 05/21/2026
• Market: Los Angeles

Representing the transaction, Joe Penich and Hirsch Sherman are the brokers from KW Commercial who facilitated the sale on behalf of the seller, Beatrice Mandel, ensuring the successful closure of the deal.