Amir Patel Acquires Multifamily Property In Los Angeles For $1.18M

A multifamily property located at 950 North Kingsley Drive in Los Angeles has been sold in a recent transaction. The property consists of 3 units with a total square footage of 3,101. The sale price for the property was $1,175,000, resulting in a price per unit of approximately $391,667 and a price per square foot of $379.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,175,000
• Address: 950 North Kingsley Drive
• Market: Los Angeles
• Buyer: Amir Patel
• Seller: Sam Kaewichian
• Broker: Andy Kawatra - Marcus & Millichap
• Units: 3
• Price per Unit: $391,667
• Square Footage: 3,101
• Price per Square Foot: $379

The deal was facilitated by Andy Kawatra of Marcus & Millichap. He represented both the buyer, Amir Patel, and the seller, Sam Kaewichian, in the transaction. These individuals played key roles in the successful sale of the property.