Mark Rad Acquires 12-Unit Multifamily Property In Koreatown, Los Angeles, CA For $3.2M

The multifamily property located at 958 S Lake Street in Koreatown, Los Angeles, CA has been sold in a recent transaction. The property consists of 12 units with a total square footage of 10,500. The sale price for this transaction was $3,200,000, resulting in a price per unit of $266,667 and a price per square foot of $305.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,200,000
• Units: 12
• Price per Unit: $266,667
• Square Footage: 10,500
• Price per Square Foot: $305
• Address: 958 S Lake Street, Koreatown, Los Angeles, CA
• Market: Koreatown, Los Angeles, CA

Mark Rad has purchased the property from Ellis Johnson. The transaction was facilitated by Ariel Sayani from Kidder Mathews.