Benjamin Lewin Of Marcus & Millichap Sells Multifamily Asset In Los Angeles For $2.5M As Seller's Rep

An 8-unit apartment building located at 1326 Wellesley Avenue in Los Angeles was sold for $2,500,000. The property, situated in West Los Angeles, features a mix of one-bedroom, two-bedroom, and townhouse-style units with recent upgrades, offering consistent occupancy and growth potential.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,500,000
• Units: 8
• Price per Unit: $312,500
• Square Footage: 6,336
• Price per Square Foot: $395
• Address: 1326 Wellesley Avenue
• Market: Los Angeles

Benjamin Lewin of Marcus & Millichap brokered the sale of the property, showcasing his expertise in facilitating real estate transactions in the Los Angeles area.