Schon Tepler Group Acquires Hollywood Hills Multifamily For $8.5M

The multifamily property located at 2033 N. Beachwood Dr. in Hollywood Hills has been sold for $8,500,000. This property consists of 26 units, with an average price per unit of $326,923. The total square footage of the property is 19,712, resulting in a price per square foot of $431. The sale took place on November 16, 2021.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,500,000
• Units: 26
• Price per Unit: $326,923
• Square Footage: 19,712
• Price per Square Foot: $431
• Address: 2033 N. Beachwood Dr.
• Market: Hollywood Hills

The buyer of the property is the Schon Tepler Group, represented by Paul Schon, Artem Tepler, Kerolos Zaki, and STLiving. The seller is the Gallop Trust. The brokers involved in the transaction are Kyle Mirrafati and Luc Whitlock.