Located in the family-friendly and ultra-hip Los Feliz submarket, just 2 blocks West of Hillhurst Ave, this 8-unit stabilized property serves as an ideal ‘Grade A’ investment for years to come. Despite the long-term promise, the Seller wanted to diversify their portfolio and cash out.
About The Property
Stats
Price $3,600,000
Year Built 1965
City Los Feliz
Units 8
Price p/ Sq. ft. $484
Price P/ Unit $450,000
Lot Size 6,589 SF
Background
Result
Escrow opened one month after signing the listing agreement. Despite multiple obstacles during the DD period, such as resolving unpermitted work, escrow closed 60 days later at $3,600,000. The Sellers were thrilled that KST was able to get the deal to the finish line.
Next Success Story.
Heritage Square Portfolio, Northeast Los Angeles
Price Paid: $5,270,000
View Success StoryPrice Paid: $5,270,000