Beverly Hills Multifamily Property Sold For $2.65 Million With Justin Seigel And Karla Cisneros

The property involved in this transaction is a MultiFamily asset located at 148 South Maple Drive in Beverly Hills. The sale price for the property was $2,650,000, comprising 4 units with a price per unit of $662,500. The total square footage of the property is 4,977, resulting in a price per square foot of $532.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $2,650,000
• Units: 4
• PPU: $662,500
• SF: 4,977
• PPSF: $532

The deal was facilitated by brokers Justin Seigel from ADR Preferred Business Properties and Karla Cisneros. After multiple offers and with the trust and patience of the Sellers, the brokers successfully identified a Buyer interested in acquiring a Beverly Hills property to enhance their portfolio.