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1443 North Alvarado Street
SOLD

Terrance Anderson Trust Sells 20-Unit Multifamily In Echo Park For $2.7M

1443 North Alvarado Street

MultiFamily
11,520 SF
clock iconSold 1 year ago
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Summary

Sale
CALIFORNIA
MultiFamily
11,520 sqft

The multifamily property located at 1443 N. Alvarado Street in Echo Park, was recently sold for $2,700,000. The property consists of 20 units with a price per unit of $135,000. It has a total square footage of 11,520, resulting in a price per square foot of $234. The seller of the property was The Terrance Anderson Trust.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $2,700,000
  • Market: Echo Park
  • Units: 20
  • Price per Unit: $135,000
  • Square Footage: 11,520
  • Price per Square Foot: $234
  • CAP Rate: 6%

The transaction was facilitated by Yitzy Pearson from Pearson Real Estate Group, acting as the broker representing The Terrance Anderson Trust.

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Yitzy Pearson
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Professional Broker
$38.5M Sold

Details

Deal Summary
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SOLD
IMAGE: Yitzy Pearson DATE: 03/05/2021 ADDRESS: 1443 N. Alvarado Street MARKET: Echo Park ASSET TYPE: Multifamily SELLER: The Terrance Anderson Trust BROKER: Yitzy Pearson @YitzyPearson - Pearson Real Estate Group @PearsonRealEstateGroup SALE PRICE: $2,700,000 UNITS: 20 ~ PPU: $135,000 SF: 11,520 ~ PPSF: $234 CAP: 6%

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Address1443 North Alvarado Street

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