Marcus & Millichap Sells Koreatown Multifamily For $11.3M
150 North Berendo Street
21,152 SF
Summary
The multifamily property located at 150 N. Berendo Street in Koreatown has been sold in a recent transaction. The sale was facilitated by Brandon Michaels, Matthew Luchs, and Steven Schechter from Marcus & Millichap, representing the buyer, and Gary Fox from Miller & Desatnik Realty Corporation, representing the seller. The sale price for the property was $11,256,100. The property comprises 21 units, with an average price per unit of $536,005. The total area of the property is 21,152 square feet, resulting in a price per square foot of $532.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $11,256,100
- Address: 150 N. Berendo Street
- Market: Koreatown
- Buyer's Representative: Brandon Michaels, Matthew Luchs, and Steven Schechter - Marcus & Millichap
- Seller's Representative: Gary Fox - Miller & Desatnik Realty Corporation
- Number of Units: 21
- Price per Unit: $536,005
- Total Area: 21,152 square feet
- Price per Square Foot: $532
The buyer's representatives involved in this transaction were Brandon Michaels, Matthew Luchs, and Steven Schechter from Marcus & Millichap. They played a key role in representing the buyer's interests throughout the deal. On the other side, the seller's representative was Gary Fox from Miller & Desatnik Realty Corporation. Both parties worked together to ensure a successful transaction for this multifamily property in Koreatown.
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