Ben Lee Purchases Los Angeles Multifamily Asset From Dorothea Bisbas For $2.95M

The property asset involved in this transaction is a multifamily unit located at 10961 Rose Avenue, within the Los Angeles market. The sale price for the property was $2,950,000, consisting of 9 units and totaling 9,558 square feet. The price per unit (PPU) amounted to $327,777, while the price per square foot (PPSF) was $308.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,950,000
• Units: 9
• Square Footage: 9,558
• Price Per Unit: $327,777
• Price Per Square Foot: $308
• Buyer: Ben Lee
• Seller: Dorothea Bisbas
• Buyer's Representative: Matt Ziegler - Marcus & Millichap
• Seller's Representative: Cameron Samimi - Lyon Stahl Investment Real Estate

This transaction involved key individuals representing both parties. Matt Ziegler from Marcus & Millichap served as the representative for the buyer, Ben Lee, while Cameron Samimi from Lyon Stahl Investment Real Estate represented the seller, Dorothea Bisbas. Their involvement facilitated the successful completion of this real estate transaction.