Suminda Sellahewa Of Avarnka Real Estate Brokers Multifamily Sale In Los Angeles For $3.02M

The newly constructed multifamily property at 3141 South Halm Avenue in Los Angeles was recently sold for $3,020,000. This property consists of three units built in 2023, each currently leased, generating a total annual gross rental income of $213,000. Situated in a prime location near Culver City attractions and amenities, the property features modern amenities, including rooftop decks with TVs, BBQs, and outdoor furniture.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,020,000
• Units: 3
• Price Per Unit: $1,006,667
• Square Footage: 4,502
• Price Per Square Foot: $671
• Address: 3141 South Halm Avenue
• Market: Los Angeles

Suminda Sellahewa of Avarnka Real Estate played a pivotal role in facilitating the sale of the property. With the property's strategic location and modern amenities, it presented an attractive investment opportunity in the bustling real estate market of Los Angeles.