Avi Shlanger Acquires Multifamily Property On Palms Blvd. In Mar Vista For $9.9M

Located at 11265-75 Palms Blvd. in Mar Vista, this multifamily property was recently sold in a closed transaction. The sale took place on 05/02/2022 and the deal was facilitated by broker Sam Liberow from The Liberow Group at Marcus & Millichap. The property consists of 24 units with a total square footage of 25,688. The sale price for this transaction was $9,900,000, resulting in a price per unit of $412,500 and a price per square foot of $385.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,900,000
• Units: 24
• Price per Unit: $412,500
• Square Footage: 25,688
• Price per Square Foot: $385
• Market: Mar Vista
• Buyer: Avi Shlanger
• Seller: Jim Gortikov
• Broker: Sam Liberow (The Liberow Group) - Marcus & Millichap

This transaction showcases the successful collaboration between buyer Avi Shlanger and seller Jim Gortikov. The deal was facilitated by Sam Liberow from The Liberow Group at Marcus & Millichap. This sale highlights the demand for multifamily properties in the Mar Vista market, with a price per unit of $412,500 and a price per square foot of $385. The property's prime location, spacious square footage, and attractive sale price contribute to its appeal in the current real estate market.