SOLD
Clear Capital Sells Echo Park Apartment Community For $25.5M
1811 Morton Avenue
Development Site
55,433 SF
55,433 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Development Site
55,433 sqft
An apartment community in Echo Park has been sold for $25.5 million. The property, located at 1811 Morton Ave., consists of 66 units. The total square footage of the community is 55,433, resulting in a price per square foot of $460.
Summary of transaction details
- Property Type: Apartment community
- Transaction Amount: $25.5 million
- Address: 1811 Morton Ave.
- Market: Echo Park
- Total Square Footage: 55,433
- Price per Square Foot: $460
- Units: 66
The seller of the property is Clear Capital, and the transaction was facilitated by broker Paul Darrow from Marcus & Millichap.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Paul Darrow
DATE: 02/11/2019
ADDRESS: 1811 Morton Ave.
MARKET: Echo Park
ASSET TYPE: Apartment community
PRICE: $25.5M.5
SF: 55,433 / PPSF: $460 /UNITS: 66
SELLER: Clear Capital
BROKERS: Paul Darrow - Marcus & MillichapView on map
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Address1811 Morton Avenue
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