Steven Medina & Christopher Mara Broker $4.4M Sale Of 12 Mid-Century Units In LA
1554-1556 North Alexandria Avenue
10,558 SF
Summary
The multifamily property located at 1554-1556 North Alexandria Avenue in Los Angeles was recently sold for $4,400,000. The 10,558 square foot buildings consist of 12 units, translating to a price per unit of $366,667 and a price per square foot of $417. With 50% occupancy, this property offers a valuable investment opportunity in a rapidly gentrifying area near Los Feliz.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,400,000
- Units: 12
- Price Per Unit: $366,667
- Square Footage: 10,558
- Market: Los Angeles
- Asset Type: Multifamily
- Acres: 0.32
- Brokers: Christopher Mara - Carolwood Estates; Steven Medina - Hilton & Hyland
Carolwood Estates' Christopher Mara and Hilton & Hyland's Steven Medina were the brokers involved in facilitating the sale of the 12 Mid-Century units at 1554-1556 N. Alexandria Ave. This transaction presents a promising opportunity for potential growth and development in the area, given the property's current occupancy and location.
Players
All
4
Agents
2
Agencies
2
Details
View on map
Loading...
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want