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Green Cities Co. Acquires Multifamily Property On South Orange Grove Ave For $55M

Property Image
SOLD
$55,000,000

California

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MultiFamily1,440 SF
Sold 05/13/2021
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Property Image
SOLD

Green Cities Co. Acquires Multifamily Property On South Orange Grove Ave For $55M

1333 S Orange Grove Ave, Los Angeles, CA, USA

See Similar Deals
MultiFamily1,440 SF
Sold 05/13/2021
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$38,194
Total Square Footage:1,440 SF
Transaction Type:Sale

An multifamily property located at 1333 South Orange Grove Ave in Los Angeles was recently sold for $55,000,000. The property consists of 61 units, resulting in a price per unit of $901,639. The sale took place on 05/13/2021 and involved the buyer Green Cities Co. represented by Molly Bordonaro, Brent Gaulke, Kelly Saito, and Patrick Wilde. The seller of the property was Canfield Development Inc. The transaction was facilitated by Walker & Dunlop Inc., acting as the broker.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $55,000,000
  • Address: 1333 South Orange Grove Ave
  • Market: Los Angeles
  • Buyer: Green Cities Co. - Molly Bordonaro, Brent Gaulke, Kelly Saito, Patrick Wilde
  • Seller: Canfield Development Inc.
  • Broker: Walker & Dunlop Inc.
  • Units: 61
  • Price Per Unit (PPU): $901,639

Molly Bordonaro, Brent Gaulke, Kelly Saito, and Patrick Wilde, representing Green Cities Co., were instrumental in the transaction as the buyer. Canfield Development Inc. served as the seller. The deal was facilitated by Walker & Dunlop Inc., acting as the broker.

Players

3 deals$240.1M volume
BUYER

Brent Gaulke
3 deals$240.1M volume
BUYER

Kelly Saito
3 deals$302.5M volume
BUYER

BUYER

Details

SOLD
IMAGE: Molly Bordonaro, Brent Gaulke, Kelly Saito & Patrick Wilde DATE: 05/13/2021 ADDRESS: 1333 South Orange Grove Ave. MARKET: Los Angeles ASSET TYPE: Multifamily BUYER: Green Cities Co. - Molly Bordonaro, Brent Gaulke, Kelly Saito & Patrick Wilde SELLER: Canfield Development Inc. BROKER: Walker & Dunlop Inc. SALE PRICE: $55,000,000 UNITS: 61 ~ PPU: $901,639

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