Jerry Walsh Acquires 115-Unit Multifamily Property In Koreatown For $20M

A multifamily property located at 974 S. Gramercy Pl. & 960 S. Oxford St. in Koreatown has been sold for a price of $20,000,000. The transaction took place on June 15, 2021. The property consists of 115 units, resulting in a price per unit of $173,913.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $20,000,000
• Address: 974 S. Gramercy Pl. & 960 S. Oxford St.
• Market: Koreatown
• Units: 115
• Price Per Unit: $173,913

Jerry Walsh has acquired the property from Safco Capital, represented by John Safi. Andrew Gharibian, who represented both the buyer and the seller, facilitated the deal.