Ivan Koh Purchases USC Student Housing From Henry Fan For $3.2 Million In Los Angeles

1208 West 25th Street is a USC Student Housing asset located in Los Angeles. This property was sold for $3,200,000, featuring 7,934 square feet and comprising 3 units, which equates to $1,066,666 per unit. It is a purpose-built, 24-bed student housing asset situated just north of USC and falls within the USC DPS patrol zone.

Summary of transaction details:

• Property Type: USC Student Housing
• Transaction Amount: $3,200,000
• Street Address: 1208 West 25th Street
• Market: Los Angeles
• Square Footage: 7,934 SF
• Units: 3
• Price Per Unit: $1,066,666
• Buyer: Ivan Koh
• Seller: Henry Fan
• Broker: Ben Lee - The Ben Lee Group

Ben Lee of The Ben Lee Group represented the seller in this transaction. The group successfully closed this deal in a challenging market by leveraging their extensive network, engaging high-net-worth investors, and generating strong competition, which helped to achieve full list price. The closing reflected one of the highest price-per-unit outcomes for this asset type in the current market.