1201 Hanover Ave

Kian Maronde represented the buyer in the $1.065 million acquisition of 1201 Hanover Ave, a four-unit multifamily property in East Los Angeles, marking his fifth transaction with the same repeat client. Through targeted negotiations, Kian secured the property $134,000 below its original asking price. The property’s existing garages provide significant ADU and value-add potential, giving the buyer a clear opportunity to add units, increase income, and improve long-term cash flow.