SOLD
Daniel Sands Acquires Multifamily Property In Koreatown For $8.5M
827 South Gramercy Drive
MultiFamily
26,040 SF
26,040 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
26,040 sqft
An multifamily property located at 827 S. Gramercy Dr. in Koreatown has been sold for $8,500,000. The property consists of 30 units with an average price per unit of $283,333. The total square footage of the property is 26,040, resulting in a price per square foot of $326.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $8,500,000
- Address: 827 S. Gramercy Dr.
- Market: Koreatown
- Units: 30
- Price per Unit: $283,333
- Total Square Footage: 26,040
- Price per Square Foot: $326
The buyer of the property is Daniel Sands, while the seller is Carl Kim. The deal was facilitated by Michael Sterman from Marcus & Millichap as the representative for both buyers and sellers.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Michael Sterman
DATE: 03/29/2022
ADDRESS: 827 S. Gramercy Dr.
MARKET: Koreatown
ASSET TYPE: Multifamily
BUYER: Daniel Sands
SELLER: Carl Kim
BROKER: Michael Sterman (@MikeyLikezIt) - Marcus & Millichap (@MarcusMillichapLosAngeles)
SALE PRICE: $8,500,000
UNITS: 30 ~ PPU: $283,333
SF: 26,040 ~ PPSF: $326View on map
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Address827 South Gramercy Drive
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