Alan Huerta, Joe Hernandez And Erik Lim Buy Multifamily Property From Seller John Purcell For $1.375M

The property asset involved in the transaction is a multifamily unit located at 5430 Smiley Drive in Los Angeles. The sale price of the asset is $1,375,000, encompassing a total of 9 units. The overall square footage of the property is 4,849, resulting in a price per unit of $152,777 and a price per square foot of $283.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,375,000
• Units: 9
• Square Footage: 4,849
• Price Per Unit: $152,777
• Price Per Square Foot: $283
• Buyer: Alan Huerta, Joe Hernandez & Erik Lim
• Seller: John Purcell
• Seller's Representative: Coby Chatwin - Link Brokerages

The deal involves buyers Alan Huerta, Joe Hernandez, and Erik Lim, who collectively acquired the property from seller John Purcell, represented by Coby Chatwin of Link Brokerages. The transaction was completed on April 3, 2026, reflecting significant involvement from the brokerage team in facilitating this multifamily property sale.