Rohit Mehta Acquires Multifamily Property In West Los Angeles For $11.9M

The multifamily property located at 1616 S. Bentley Ave. in West Los Angeles has been sold in a closed transaction. The sale was facilitated by brokers Jonathan Taksa and Rob Renshaw from Taksa Investment Group. The transaction took place on June 30, 2022.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $11,900,000
• Units: 17
• Price Per Unit: $700,000
• Square Footage: 26,990
• Price Per Square Foot: $441
• Address: 1616 S. Bentley Ave., West Los Angeles

The buyer of the property is Rohit Mehta, while the seller is Berestetsky Chertok Neyman. Jonathan Taksa and Rob Renshaw, representing Taksa Investment Group, acted as the brokers in this transaction. The property consists of 17 units with an average price per unit of $700,000. It has a total square footage of 26,990, resulting in a price per square foot of $441. The transaction closed on June 30, 2022, marking the successful sale of this multifamily property in West Los Angeles.