The seller owned this well-maintained fourplex in a prime location of Toluca Lake, minutes from the North Hollywood Arts District, for over 50 years. After owning the building for all these years, the Sellers wanted to trade into a property closer to their new location.
Sold in 50 Days at Full Asking Price
10644 Bloomfield Street, North Hollywood
Price Paid: $1,650,000
About The Property
Year Built 1965
Current CAP 3.70%
Price P/ Unit $412,500
Max sourced a qualified buyer who submitted at full asking price before the property hit the MLS. The sellers were thrilled with the speed of the sale process, taking only 50 days from signing the listing to the close of escrow. They are trading into another property in Orange County, and the buyers are going to renovate the building over time to capture the significant upside.
Speaking for myself and everyone involved, you were absolutely the best broker we could have selected to market our portfolio. You found an incredible buyer and were able to guide us through so many challenges, including a global pandemic, and secured us a price beyond our expectations.
“I cannot say enough great things about KST. They take care of you, they have the connections needed, and they get the job done! We were amazed at how quickly our sale went through during the COVID pandemic.”
“It was truly a pleasure working with Kenny. He is professional, honest, hardworking and most importantly did what he said he would. Kenny sold the property at list price in less than 60 days from start to finish.”