Donald Blaine Acquires Multifamily Asset In West Hollywood From Cathy Celardo For $2.82M

The multifamily asset located at 1425 North Hayworth Avenue in the West Hollywood market has been successfully sold. The property consists of 11 units with a total square footage of 10,235. The transaction was completed for a sale price of $2,820,000, resulting in a price per unit of $256,363 and a price per square foot of $275.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,820,000
• Units: 11
• Square Feet: 10,235
• Price Per Unit: $256,363
• Price Per Square Foot: $275
• Buyer: Donald Blaine
• Seller: Cathy Celardo
• Broker: Jordan Asheghian - Lyon Stahl Investment Real Estate
• Offers Received: 8
• Sale Method: Best & Final Offering
• Escrow Duration: 28 Days
• Percentage of List Price: 95%

This transaction marks the 63rd closing for The Jordan Group in the West Hollywood and adjacent areas, demonstrating the ongoing activity and success of their operations in the region.