SOLD
Sagiv Rosano Acquires 37-Unit Multifamily Property On S. Lake Street In Westlake For $5.36M
1214 South Lake Street
MultiFamily
20,460 SF
20,460 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
20,460 sqft
The multifamily property located at 1214 S. Lake Street in Westlake has been sold in a closed transaction. The property consists of 37 units with a total square footage of 20,460. The sale price for this transaction was $5,360,000, resulting in a price per unit of $144,864 and a price per square foot of $261. The deal was closed with a capitalization rate (CAP) of 4.04%.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $5,360,000
- Address: 1214 S. Lake Street
- Market: Westlake
- Units: 37
- Price per Unit: $144,864
- Square Footage: 20,460
- Price per Square Foot: $261
- Capitalization Rate (CAP): 4.04%
The buyer for this transaction is Sagiv Rosano, while the seller is Peter Larsen. The deal was facilitated by brokers Neema Ahadian and Leo Laterza.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Neema Ahadian & Leo Laterza
DATE: 07/16/2021
ADDRESS: 1214 S. Lake Street
MARKET: Westlake
ASSET TYPE: Multifamily
BUYER: Sagiv Rosano
SELLER: Peter Larsen
BROKERS: Neema Ahadian (@TheNeemaGroup) & Leo Laterza(@LeoTheRainMaker)
SALE PRICE: $5,360,000
UNITS: 37 ~ PPU: $144,864
SF: 20,460 ~ PPSF: $261
CAP: 4.04%View on map
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Address1214 South Lake Street
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