Brunswick Capital Partners Acquires Multifamily Property In North Hollywood For $1.69M

11347 Emelita Street, a 7-unit multifamily property located in North Hollywood, CA, has been sold for a price of $1,687,500. The property spans 7,698 square feet, with each unit offering an average of 1,099 square feet. The sale price per unit stands at $241,071, while the price per square foot is recorded at $219.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,687,500
• Units: 7
• Square Footage: 7,698
• Price per Unit: $241,071
• Price per Square Foot: $219

Brunswick Capital Partners (BCP), represented by Alexander Monsef and Shaunt Kodaverdian, successfully acquired 11347 Emelita Street. With a focus on value-add multifamily projects, BCP strategically identified this property as a prime investment opportunity in North Hollywood. During the due diligence phase, BCP mitigated risks and devised a comprehensive plan to optimize the property's value. BCP specializes in targeting multifamily opportunities with strong cash flow potential and significant upside in high-growth areas. For more information about this transaction or future opportunities, please contact Alex Monsef or Shaunt Kodaverdian.