Victorian Multifamily Property In Highland Park Sells For $2.87M In Los Angeles

A Victorian property at 120 South Avenue 64 in Los Angeles, meticulously renovated by interior designer Joshua Cain, has sold for $2,872,698. Located in Highland Park, the property includes six units with two ground-floor commercial spaces currently housing a medi spa and hair salon, offering potential for diverse retail or office uses. The restoration project, with an investment of around $1.5 million, has transformed the property into a valuable asset within the vibrant Highland Park neighborhood, appealing to both owner-occupiers and investors seeking a prime opportunity.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,872,698
• Market: Los Angeles
• Square Footage: 4,371
• Price per Square Foot: $657
• Broker: Marisa Tranquilli - Keller Williams Larchmont

The property at 120 South Avenue 64 in Los Angeles was sold with the representation of Marisa Tranquilli from Keller Williams Larchmont, showcasing the successful deal facilitated by the involved parties in the transaction.