SOLD
Gabriel Jones Acquires Multifamily Property In Lincoln Heights For $1.395M
2328 Johnston
MultiFamily
5,870 SF
5,870 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
5,870 sqft
A multifamily property located at 2328 Johnston in Lincoln Heights was recently sold for a total of $1,395,000. The transaction took place on September 24, 2021. The property consists of 10 units with an average price per unit of $139,500. The total square footage of the property is 5,870, resulting in a price per square foot of $237. The sale was handled by broker Dana Coronado from KW Commercial.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,395,000
- Address: 2328 Johnston, Lincoln Heights
- Market: Lincoln Heights
Gabriel Jones was the buyer of the property, while Hao Banh acted as the seller. The transaction was facilitated by Dana Coronado from KW Commercial, who represented the parties involved in the deal. Notably, the property received significant interest, with a total of 10 offers received. The sale was listed and closed escrow within 30 days, initiating a two-week escrow period that was 100% non-contingent from day one.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Dana Coronado
DATE: 09/24/2021
ADDRESS: 2328 Johnston
MARKET: Lincoln Heights
ASSET TYPE: Multifamily
BUYER: Gabriel Jones (@JonesGJones)
SELLER: Hao Banh
BROKER: Dana Coronado (@DanaCoronadoIncomePropertiesLA) - KW Commercial
SALE PRICE: $1,395,000
UNITS: 10 ~ PPU: $139,500
SF: 5,870 ~ PPSF: $237
NOTE: Listed & Closed Escrow Within 30 Days! 10 Offers Received! Opened A Two Week Escrow 100% Non-Contingent Day 1!View on map
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Address2328 Johnston
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