Janet Neman & Angelica Gotzev Of Kidder Mathews Arrange Sale Of Multifamily Asset For $29.43M

The transaction involves a multifamily asset located at 1825 Whitley Avenue, 1861 Whitley Avenue, and 706 South Normandie Avenue in the Los Angeles market. The sale price for this property was $29,430,000, which translates to a price per unit of $159,081 across 185 units. The total square footage of the property is 155,046, resulting in a price per square foot of $189.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $29,430,000
• Units: 185
• Price Per Unit: $159,081
• Square Footage: 155,046
• Price Per Square Foot: $189

The brokers representing this transaction were Janet Neman and Angelica Gotzev from Kidder Mathews. Their involvement was pivotal in facilitating this multifamily sale in a competitive market.