Triqor Group is pleased to announce the recent closings of approximately $25 million worth of transactions within Los Angeles County. Managing Partner, Chris Keramati, successfully represented both buyer and seller for Imperial Apartments and sold Paramount Terrace Apartments off-market. Additionally, Chris negotiated appropriate measures of escrow to facilitate both buyer and seller needs.
Imperial Apartments, sold for $11,210,000, is a 75-unit property located in Inglewood, CA consisting of 1-Bedroom and Studio units. During the transaction process, Chris was able to successfully negotiate a long escrow in order to facilitate the needs of both the buyer and seller. The property is located about one mile south of the new L.A Stadium Entertainment at Hollywood Park.
Paramount Terrace Apartments, sold off-market for $13,046,625, is a 48-unit property constructed in 1988 and located in Paramount, CA. The property consists of majority 2-Bedroom 2-Bathroom units. Located in a highly attractive market, the property sold for over $271,000 per unit.