Michael Maltzman Acquires Multifamily Property At 148 Mccarty Drive For $7.325M

The asset involved in the transaction is a MultiFamily property located at 148 Mccarty Drive in the Beverly Hills market. The sale price of the property was $7,325,000, encompassing a total of 28 units. The total square footage of the building is 18,424, translating to a price per unit of $261,607 and a price per square foot of $397.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $7,325,000
• Units: 28
• Square Footage: 18,424
• Price per Unit: $261,607
• Price per Square Foot: $397
• Buyer: Michael Maltzman
• Brokers: Jeff Louks & Elliot Sabag - Marcus & Millichap

The transaction was represented by brokers Jeff Louks and Elliot Sabag from Marcus & Millichap, highlighting their role in facilitating the sale. Michael Maltzman was the buyer involved in this transaction.