Michael Bakhshi Acquires 20-Unit Multifamily Property In Los Angeles For $2.2M

A multifamily property located at 1163 East 46th Street in Los Angeles has been sold for $2,200,000. The property consists of 20 units, with a price per unit of $110,000. It spans across 6,934 square feet, resulting in a price per square foot of $317.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,200,000
• Address: 1163 East 46th Street
• Market: Los Angeles
• Units: 20
• Price per Unit: $110,000
• Square Footage: 6,934
• Price per Square Foot: $317

Michael Bakhshi has acquired the property from Castillo Properties. The transaction was facilitated by brokers Evelyn Baez and Olga Wright from Lyon Stahl.