Bill Lam Purchases Multifamily Asset At 4955 Rosewood Avenue From Howard And Robert Nevins For $3.495M

The property asset involved in this transaction is a multifamily building located at 4955 Rosewood Avenue in Los Angeles. The sale price was $3,495,000 for a total of 18 units. The building encompasses a square footage of 15,208, resulting in a price per unit of $194,166 and a price per square foot of $229.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,495,000
• Units: 18
• Square Footage: 15,208
• Price Per Unit: $194,166
• Price Per Square Foot: $229
• Buyer: Bill Lam
• Seller: Howard Nevins & Robert Nevins
• Brokers: Blas Fernandez & Melina Ghotanian - IKON Properties

The key individuals involved in this transaction include the buyer Bill Lam and the sellers Howard Nevins and Robert Nevins. The brokers representing the sellers are Blas Fernandez and Melina Ghotanian from IKON Properties, facilitating the deal on behalf of the sellers.