Inna & Caesar Berger Sell Multifamily Asset On North Formosa Avenue For $2.0675M With Brokers Jake Glaser And Dennis Chernov

The property asset involved in this transaction is a multifamily unit located at 1643 North Formosa Avenue in Hollywood. The sale price of the property was $2,067,500, with a total of 8 units. The square footage of the property is 6,019, resulting in a price per unit of $258,437 and a price per square foot of $343.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $2,067,500
• Units: 8
• Square Footage: 6,019
• Price Per Unit: $258,437
• Price Per Square Foot: $343
• Seller: Inna & Caesar Berger
• Buyer’s Representative: Dennis Chernov - The Agency
• Seller’s Representative: Jake Glaser - Lyon Stahl Investment Real Estate
• Market: Hollywood

The transaction was facilitated by two key individuals: Dennis Chernov represented the buyer, while Jake Glaser represented the seller. Their roles were pivotal in navigating the sale process and ensuring that both parties reached a mutually beneficial agreement.