SOLD
Jie Kang Acquires 6-Unit Multifamily In Los Angeles For $1.6M
532 South Saint Louis Street
MultiFamily
4,542 SF
4,542 SF
Sold 18 days ago
Summary
Sale
CALIFORNIA
MultiFamily
4,542 sqft
The multifamily property located at 532 South Saint Louis Street in Los Angeles was recently sold for $1,600,000. This property consists of six units with a total square footage of 4,542 square feet, resulting in a price per unit of $266,667 and a price per square foot of $352.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Units: 6
- Price Per Unit: $266,667
- Square Footage: 4,542 sqft
- Price Per Square Foot: $352
- Address: 532 South Saint Louis Street
- Market: Los Angeles
Jie Kang purchased the property from Erwin Pineda. The sale was brokered by Eric Chavez and James Zih Huang, who are part of eXp Commercial Realty. James Zih Huang specializes in apartment and land investment sales in specific submarkets within Los Angeles. On the other hand, Eric S. Chavez, CCIM, is the owner of CAREBF Inc., a company offering comprehensive commercial real estate services throughout the greater Los Angeles area.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Eric Chavez & James Zih Huang
DATE: 04/26/2024
ADDRESS: 532 South Saint Louis Street
MARKET: Los Angeles
ASSET TYPE: Multifamily
BUYER: Jie Kang
SELLER: Erwin Pineda
BROKERS: Eric Chavez (@EricsC888) & James Zih Huang (@JamesHZih) - eXp Commercial Realty (@eXp.Commercial)
SALE PRICE: $1,600,000
UNITS: 6 ~ PPU: $266,667
SF: 4,542 ~ PPSF: $352
NOTE FROM BROKERS: James Zih Huang and Eric S. Chavez, CCIM, of CAREBF, Inc., brokered the sale of a six (6) unit apartment building located in the city of Los Angeles, subject to the Rent Stabilization Ordinance (RSO) administered by the Los Angeles Housing Department, in California, 90032. The price per unit was $266,666.67.67.
James Zih Huang is a commercial real estate associate with eXp Commercial Realty, specializing in apartment and land investment sales within the East Los Angeles/Alhambra/Montebello/Pico Rivera submarket, with plans to expand into other submarkets.
Eric S. Chavez, CCIM, is the owner of CAREBF Inc., a full-service commercial real estate investment company offering sales and leasing, property management, and construction services throughout the greater Los Angeles area.View on map
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Address532 South Saint Louis Street
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