Clav Moggins Purchases Multifamily Asset From Charlie Jeffers & Jack Gelber For $4.92M

The property asset involved in the transaction is a multifamily building located at 2131 North Cahuenga Boulevard in the Los Angeles market. The sale price of the asset was $4,923,750, which translates to a price per unit of $144,816 across its 34 units. The building encompasses a total square footage of 21,080 with a price per square foot of $233.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,923,750
• Units: 34
• Price Per Unit: $144,816
• Square Footage: 21,080
• Price Per Square Foot: $233
• Buyer: Clav Moggins
• Seller: Charlie Jeffers & Jack Gelber
• Buyer's Representative: Jakob Friedman & Michael Dixon - NAI Capital
• Seller's Representative: John Alden - Dover Management & Travis Traweek - Traweek Investments CRE

The transaction featured key individuals representing both sides. Clav Moggins was the buyer in this deal, while the sellers, Charlie Jeffers and Jack Gelber, were represented by John Alden from Dover Management and Travis Traweek from Traweek Investments CRE. The buyer's team comprised Jakob Friedman and Michael Dixon from NAI Capital, emphasizing a collaborative effort in facilitating the sale.