Jason Bergman and Denise Del Rey are pleased to share that their recent sale of 1425 W. 48th Street in Los Angeles has been featured by Traded, a leading commercial real estate news publication that highlights notable transactions across major markets.
The property, a 1924 Spanish-style fourplex in Los Angeles' Vermont Square neighborhood, closed for $945,600 on June 2, 2026. Representing both the seller and the successful marketing of this unique asset, our team focused on telling the story behind the property—not just the numbers.
Character multifamily properties like this continue to attract strong interest because they offer something increasingly difficult to recreate. Original hardwood floors, exposed wood beam ceilings, built-in cabinetry, detached garages, and classic Spanish architecture gave buyers an opportunity to acquire a piece of Los Angeles history while benefiting from the flexibility and long-term potential that vintage multifamily properties provide.
We're grateful that this transaction was recognized by Traded, whose coverage highlights significant commercial and multifamily sales throughout California and the United States. Having a transaction featured among other notable deals reflects the continued demand for well-positioned investment properties across Los Angeles.
This sale also reinforces a broader trend we're seeing throughout the market. Buyers continue to pursue multifamily properties that combine strong fundamentals with architectural character, especially in neighborhoods benefiting from continued public and private investment.
Every property has a story. Our job is to identify what makes an asset unique, position it strategically in the marketplace, and connect it with the right buyer. That approach helped generate meaningful interest in 1425 W. 48th Street and ultimately led to a successful closing.
We would like to thank our clients for trusting us throughout the process and congratulate both the buyer and seller on a successful transaction.
You can read Traded's coverage of the sale here:
https://traded.co/deals/california/multifamily/sale/1425-west-48th-street/
If you're considering selling a multifamily property in Los Angeles or would like to discuss the current investment market, we'd be happy to help.
