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Deepak Mehta Acquires Multifamily Property On Sawtelle Blvd. For $33M

Property Image
SOLD
$33,000,000

California

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MultiFamily780,318 SF
Sold 07/27/2022
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Property Image
SOLD

Deepak Mehta Acquires Multifamily Property On Sawtelle Blvd. For $33M

2820 Sawtelle Boulevard

See Similar Deals
MultiFamily780,318 SF
Sold 07/27/2022
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$42
Total Square Footage:780,318 SF
Transaction Type:Sale

An office building located at 2820 Sawtelle Blvd. in Los Angeles has been sold in a recent transaction. The multifamily property, comprising 66 units, was purchased by Deepak Mehta for a total sale price of $33,000,000. The sale price per unit amounted to $500,000, while the total square footage of the property was 78,318, resulting in a price per square foot of $421.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $33,000,000
  • Units: 66
  • Price per Unit: $500,000
  • Square Footage: 78,318
  • Price per Square Foot: $421

Deepak Mehta acted as the buyer in this transaction, while John Dudzinsky and John Lu were the sellers. The deal was facilitated by Hamid Soroudi of 's REP.

Players

7 deals$74M volume(310) 432-6547
BROKER

Details

SOLD
IMAGE: Deepak Mehta DATE: 07/27/2022 ADDRESS: 2820 Sawtelle Blvd. MARKET: Los Angeles ASSET TYPE: Multifamily BUYER: Deepak Mehta (@TheDeepakMehta) SELLER: John Dudzinsky & John Lu BROKER: Hamid Soroudi SALE PRICE: $33,000,000 UNITS: 66 ~ PPU: $500,000 SF: 78,318 ~ PPSF: $421

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