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Hwa Son Kim Acquires Multifamily Property In Hancock Park For $5.37M

537 North Orange Drive
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This MultiFamily property located in CA was sold for $5,365,000 over 2 years ago. The broker of the deal was Michael Monempour

Located at 537 N. Orange Dr. in Hancock Park, this multifamily property has recently been sold. The property features a total of 10 units, with a sale price of $5,365,000. This translates to a per unit price of $536,500. The property spans approximately 6,130 square feet, with a price per square foot of $875.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,365,000
  • Units: 10
  • Price per Unit: $536,500
  • Square Footage: 6,130
  • Price per Square Foot: $875
  • Market: Hancock Park

The buyer of this property is Hwa Son Kim, while Reuven Gradon served as the seller. The transaction was facilitated by broker Michael Monempour.

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Deals
  • Location
    537 North Orange Drive, Hancock Park, Los Angeles, CA, USA537 North Orange Drive, Hancock Park, Los Angeles, CA, USA
  • Sale Price
    $5,365,000$5,365,000
    $875 PPSF$875 PPSF
  • Area
    6,130 SF6,130 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Michael Monempour

Michael Monempour

Deals59
Sold$264.7M

Agency

Lyon Stahl Investment Real Estate

Lyon Stahl Investment Real Estate

Agency
Deals93
Volume$571.5M

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Deal Summary

SALE IMAGE: Michael Monempour DATE: 09/14/2021 ADDRESS: 537 N. Orange Dr. MARKET: Hancock Park ASSET TYPE: Multifamily BUYER: Hwa Son Kim SELLER: Reuven Gradon BROKER: Michael Monempour (@Mike_Monem) SALE PRICE: $5,365,000 UNITS: 10 ~ PPU: $536,500 SF: 6,130 ~ PPSF: $875

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537 North Orange Drive

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