Fred Freeman Purchases Multifamily Asset At 10580 Wilshire Boulevard For $3,112,500 With Taylor Avakian As Buyer's Representative

A multifamily asset located at 10580 Wilshire Boulevard in Los Angeles was recently sold for $3,112,500. The property spans 2,757 square feet, resulting in a price per square foot of $1,128. This asset is situated along the Wilshire Corridor, an area known for its continued demand for quality properties.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,112,500
• Address: 10580 Wilshire Boulevard
• Market: Los Angeles
• Square Footage: 2,757
• Price per Square Foot: $1,128
• Buyer: Fred Freeman
• Seller: Opal Stein
• Buyer's Representative: Taylor Avakian - Lyon Stahl Investment Real Estate

The transaction was driven by effective communication and a strong understanding of the buyer's needs. Taylor Avakian highlighted that relationships and timing were pivotal for this deal to materialize. The alignment on the buyer's criteria and the ability to act quickly were instrumental in securing this long-term investment.