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

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SOLD
$1,445,000

California

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Mixed-use
Sold 01/25/2024
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Property Image
SOLD

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

4311 Eagle Rock Boulevard

See Similar Deals
Mixed-use
Sold 01/25/2024
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Summary

CALIFORNIA
Asset Type:Mixed-use
Transaction Type:Sale

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.

Players

Darin Beebower
14 deals$130.1M volume(424) 653-1854
BROKER

Mark Ventre
Kidder Mathews
17 deals$128.1M volume
BROKER

Arian Rejaei
Kidder Mathews
4 deals$11.8M volume(310) 924-2259
BROKER

Details

SOLD
IMAGE: Mark Ventre, Darin Beebower, Gary Mkrtichyan & Arian Rejaei DATE: 01/25/2024 ADDRESS: 4311 Eagle Rock Boulevard MARKET: Los Angeles ASSET TYPE: Mixed-use BUYER: Gary Mkrtichyan (@OpusGary) - Opus Builders LA (@OpusBuilders) BROKERS: Arian Rejaei (@Aria.n7796), Darin Beebower & Mark Ventre (@MarkVentre) - Kidder Mathews (@Kidder.Mathews) SALE PRICE: $1,445,000 UNITS: 4 ~ PPU: $361,250 NOTE: Opus Builders LA purchases a mixed-use property on Eagle Rock Boulevard in Los Angeles for $1.45 million in an off-market deal facilitated by Kidder Mathews brokers. The property includes four residential and two commercial units with off-street parking, pet-friendly amenities, and renovation plans for long-term redevelopment to maximize its value.

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