Hacla Purchases Multifamily Asset From Schon Development Group For $15.55 Million In Los Angeles

The multifamily asset located at 630 North Oxford Avenue in Los Angeles has been sold. The transaction encompassed a sale price of $15,550,000, and the property consists of 30 units with a total square footage of 33,348. The price per unit is recorded at $518,333, while the price per square foot stands at $466.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $15,550,000
• Units: 30
• Square Footage: 33,348
• Price Per Unit: $518,333
• Price Per Square Foot: $466
• Buyer: Hacla
• Seller: Schon Development Group - Paul Schon & Kerolos Zaki
• Date of Sale: 10/17/2025

Paul Schon and Kerolos Zaki represented the seller, Schon Development Group, in this transaction. The buyer, Hacla, engaged in the purchase of the property, facilitating this multifamily real estate deal in the Los Angeles market.