Brunswick Capital Partners Sells 7-Unit Multifamily Building In North Hollywood For $2.65M

Brunswick Capital Partners (BCP) has successfully closed the sale of 11347 Emelita Street, a 7-unit multifamily property located in North Hollywood, CA. The property was sold for a total price of $2,650,000, resulting in a price per square foot of $414. It has a total area of 6,408 square feet. The sellers in this transaction were Alexander Monsef and Shaunt Kodaverdian.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,650,000
• Address: 11347 Emelita Street, North Hollywood, CA
• Market: North Hollywood, CA
• Square Footage: 6,408

The sale of 11347 Emelita Street was facilitated by Elizabeth Maddox and Ian Maddox of The 2-4 Unit, who represented Brunswick Capital Partners (BCP) in the transaction. Brunswick Capital Partners had previously acquired the property in December of 2021 for $1,687,500 and undertook renovations and lease renewals to enhance its value. The property offers stable cash flows with significant potential for further growth, aligning with BCP's overall investment strategy.

For more information about this transaction or future opportunities, interested parties can reach out to Alexander Monsef and Shaunt Kodaverdian.