Baljit Gambir Purchases Los Angeles Multifamily Property From Peter Newton For $1.41M

The property involved in this transaction is a multifamily asset located at 1167 Kingsley Drive in the Los Angeles market. The sale price of the property was $1,410,000, encompassing a total of 6 units. The building has a square footage of 6,176, resulting in a price per unit of $235,000 and a price per square foot of $228.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,410,000
• Units: 6
• Square Feet: 6,176
• Price Per Unit: $235,000
• Price Per Square Foot: $228
• Buyer: Baljit Gambir
• Seller: Peter Newton
• Buyer's Representative: Will Joseph & Rachel Joseph - Joseph Group
• Seller's Representative: Adam Feldman - Matthews

The individuals involved in this transaction include buyer Baljit Gambir and seller Peter Newton, who are represented by Will Joseph and Rachel Joseph of the Joseph Group, and Adam Feldman from Matthews, respectively. This deal highlights the active participation of these representatives in facilitating the transaction.