Taksa Investment Group Sells 10-Unit Brentwood Multifamily For $4.6M

The 10-unit multifamily property located at 11622 Gorham Avenue in Brentwood has been sold for a price of $4,625,000. This property, which was on the market for the first time in over 40 years, was sold by Taksa Investment Group. The building spans 8,956 square feet, resulting in a price per square foot of $516.41. With 4 units vacant at the close of escrow, there is ample opportunity for the new owner to make modifications or secure new tenants. The sale of this property attracted multiple offers, highlighting its desirability in the prestigious Brentwood location.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,625,000
• Address: 11622 Gorham Avenue, Brentwood
• Market: Brentwood
• Broker: Jonathan Taksa - Taksa Investment Group
• Square Footage: 8,956
• Price per Square Foot: $516.41
• Units: 10
• Price per Unit: $462,500

The sale of this multifamily property was facilitated by Jonathan Taksa from Taksa Investment Group. With their expertise, they were able to bring multiple offers to the table for this highly sought-after property in Brentwood.