ROKA Properties Acquires 24-Unit Multifamily In West Hollywood For $20.55M

The multifamily property located at 1425 N. Crescent Heights in West Hollywood has been sold for a price of $20,550,000. The transaction took place on November 1, 2019. The property spans an area of 27,192 square feet with a price per square foot of $755. It consists of 24 units, resulting in a price per unit of $856,250.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $20,550,000
• Address: 1425 N. Crescent Heights, West Hollywood
• Market: West Hollywood
• Seller: Izaki Group Investments
• Buyer: ROKA Properties
• Brokers: Chris Tresp - Dean Zander
• Square Footage: 27,192
• Price per Square Foot: $755
• Number of Units: 24
• Price per Unit: $856,250

Chris Tresp and Dean Zander represented the parties involved in this transaction as brokers.