The property located at 1229 Larrabee Street is a multifamily asset in West Hollywood. The sale price was $2,025,000, encompassing 8 units across a total square footage of 6,120, which equates to a price per unit of $253,125 and a price per square foot of $330.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,025,000
• Units: 8
• Square Footage: 6,120
• Price Per Unit: $253,125
• Price Per Square Foot: $330
• Buyer: Fred Packman
• Seller: Mary Puckett
• Broker: Jordan Asheghian - Lyon Stahl Investment Real Estate

The transaction was notable for generating multiple offers within 24 hours of marketing. The buyer, Fred Packman, closed the deal on a non-contingent basis within 21 days in an all-cash transaction. This marks the 53rd closing for The Jordan Group in the West Hollywood and adjacent areas, contributing to over 1,000 apartment units sold and more than 925,000 total square feet overall.