Opus Builders LA Acquires Mixed-Use Property On Eagle Rock Boulevard For $1.45M

Opus Builders LA purchases a mixed-use property located at 4311 Eagle Rock Boulevard in Los Angeles for a total of $1,445,000. The property includes four residential units and two commercial units. The purchase price translates to an average price per unit (PPU) of $361,250. The transaction was conducted as an off-market deal facilitated by Kidder Mathews brokers, including Arian Rejaei, Darin Beebower, and Mark Ventre.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $1,445,000
• Property Address: 4311 Eagle Rock Boulevard
• Market: Los Angeles
• Buyer: Gary Mkrtichyan - Opus Builders LA
• Brokers: Arian Rejaei, Darin Beebower, and Mark Ventre - Kidder Mathews
• Units: 4
• PPU: $361,250

In addition to the six units, the property offers off-street parking and pet-friendly amenities. Opus Builders LA has plans for long-term redevelopment to maximize the value of the property. This acquisition further expands their portfolio in the Los Angeles market.