Chandu Patel Sells 30-Unit Multifamily In Koreatown For $8.6M With Jason Tuvia & Josh Yeager - Marcus & Millichap

The multifamily property located at 320 S. Alexandria Ave. in Koreatown has been sold for a total price of $8,625,000. The transaction took place on November 3, 2021. The property consists of 30 units, with an average price per unit of $287,500. The total square footage of the property is 24,801, resulting in a price per square foot of $347.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,625,000
• Address: 320 S. Alexandria Ave.
• Market: Koreatown
• Units: 30
• Average Price Per Unit: $287,500
• Square Footage: 24,801
• Price Per Square Foot: $347

The seller of the property is Chandu Patel. The deal was facilitated by Jason Tuvia and Josh Yeager from Marcus & Millichap. They represented the seller on behalf of their agency.