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Success Pro Co., Ltd Acquires EME Mansfield Multifamily In Hollywood Sale For $11.8M

1420 North Mansfield Avenue, Los Angeles, CA 90028
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This MultiFamily property located in CA was sold for $11,800,000. The broker of the deal was Neema Ahadian

The EME Mansfield property, located at 1420 North Mansfield Avenue in Los Angeles, CA 90028, has been sold in a recent transaction. The property is a multifamily asset situated in the Hollywood market. The sale was completed on 09/31/2018. The transaction was facilitated by Neema Ahadian and Leo Laterza of The Neema Group, who acted as the seller agents for Taylor Equities 12 LLC. The buyer of the property is Success Pro Co., Ltd. The total price for the property was $11,800,000, with a total square footage of 28,188. This translates to a price per square foot of $418.62.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $11,800,000
  • Market: Hollywood
  • Seller: Taylor Equities 12 LLC
  • Seller Agents: Neema Ahadian and Leo Laterza
  • Buyer: Success Pro Co., Ltd

The EME Mansfield property sale involved the expertise of Neema Ahadian and Leo Laterza from The Neema Group. They represented the seller, Taylor Equities 12 LLC, in the deal. The buyer, Success Pro Co., Ltd, acquired the property at a total price of $11,800,000. This transaction showcases the active real estate market in Hollywood and highlights the role of the seller agents in facilitating successful property transactions.

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Deals
  • Location
    1420 North Mansfield Avenue, Central LA, Los Angeles, Los Angeles, CA 90028, USA1420 North Mansfield Avenue, Central LA, Los Angeles, Los Angeles, CA 90028, USA
  • Sale Price
    $11,800,000$11,800,000
    $418 PPSF$418 PPSF
  • Area
    28,188 SF28,188 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Neema Ahadian

Neema Ahadian

Deals57
Sold$526.5M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6834
Volume$63.9B

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Deal Summary

SALE PROPERTY NAME: EME Mansfield IMAGE: Neema Ahadian & Leo Laterza TEAM: The Neema Group DATE: 09/31/2018 ADDRESS: 1420 North Mansfield Avenue, Los Angeles, CA 90028 CITY: Los Angeles MARKET: Hollywood ASSET TYPE: Multifamily BUYER: Success Pro Co., Ltd SELLER: Taylor Equities 12 LLC SELLER AGENTS: Neema Ahadian And Leo Laterza PRICE: $11,800,000 SF: 28,188 sf ~ PPSF: $418.62

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1420 North Mansfield Avenue, Los Angeles, CA 90028

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