Phil Lin Acquires USC Student Housing Multifamily For $6M
3000 South Normandie Avenue
MultiFamily
8,400 SF
8,400 SF
Sold 1 year ago
Summary
The recently closed transaction involves a multifamily property located at 3000 S. Normandie Avenue in the USC Student Housing market. The asset consists of 8 units with a total square footage of 8,400. The property was sold for a price of $6,000,000, resulting in a per unit price of $750,000 and a per square foot price of $714.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $6,000,000
- Address: 3000 S. Normandie Avenue
- Market: USC Student Housing
- Buyer: Phil Lin
- Seller: John Patterson
- Brokers: Davis Saadian & Adam Shamooelian - Keller Williams Beverly Hills
- Units: 8
- Price per Unit: $750,000
- Square Footage: 8,400
- Price per Square Foot: $714
The transaction was facilitated by brokers Davis Saadian and Adam Shamooelian from Keller Williams Beverly Hills, representing the buyer and seller, respectively. Their expertise and negotiation skills played a crucial role in successfully closing the deal.
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3000 South Normandie Avenue
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