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Transwestern Represents Buyer In Sale Of Echo Park Multifamily Building

Property Image
SOLD
$1,750,000

California

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MultiFamily5,046 SF
Sold 12/27/2019
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Property Image
SOLD

Transwestern Represents Buyer In Sale Of Echo Park Multifamily Building

1330 Portia Street, Los Angeles, CA 90026, USA

See Similar Deals
MultiFamily5,046 SF
Sold 12/27/2019
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$346
Total Square Footage:5,046 SF
Transaction Type:Sale

An 8-unit multifamily building located at 1330 Portia St in Echo Park has been sold for $1,750,000. The property spans 5,046 square feet and has a price per square foot of $346.81. It offers significant rental upside for the new owner.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,750,000
  • Square Footage: 5,046
  • Price Per Square Foot: $346.81
  • Address: 1330 Portia St, Echo Park

Transwestern represented the buyer in this sale. The deal was facilitated by brokers Josh Kaplan, John Swartz, and Troy Lucero from Transwestern. For more information about this transaction, or to inquire about the current market pricing of your investment property, reach out to Transwestern on Instagram.

Players

John Swartz
19 deals$137.6M volume(310) 779-9929
BROKER

Josh Kaplan
Transwestern
8 deals$74.1M volume(213) 430-2538
BROKER

Troy Lucero
Transwestern
8 deals$74.1M volume
BROKER

Details

SOLD
IMAGE: Josh Kaplan @kappymultifamilyla, John Swartz @johnnymultifamilyla & Troy Lucero @mrluceroapts DATE: 12/27/2019 ADDRESS: 1330 Portia St MARKET: Echo Park ASSET TYPE: Multifamily PRICE: $1,750,000 SF: 5,046 PPSF: $346.81 UNITS: 8 PPU: $218,750 BROKERS: Transwestern - Josh Kaplan, John Swartz, Troy Lucero @transwestern NOTES: Transwestern proudly represented the buyer in the sale of 1330 Portia St., an 8-unit multifamily building located just north of Sunset Blvd. in the heart of Echo Park. The property presents an opportunity to realize significant rental upside. Reach out to us on Instagram to find out more details on this transaction or if you would like to know the current market pricing of your investment property.

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