Optimus Properties Acquires Multifamily Property In Mar Vista For $6.7M

The multifamily property located at 3721 Westwood in Mar Vista has been sold for a price of $6,700,000. The property consists of 21 units with an average price per unit of $319,047. The total square footage of the property is 15,748, with a price per square foot of $425.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,700,000
• Address: 3721 Westwood
• Market: Mar Vista
• Buyer: Optimus Properties
• Seller: Wardenburg Trust
• Broker: Paul Darrow (THG Multifamily) - Marcus & Millichap
• Units: 21
• Price per Unit: $319,047
• Square Footage: 15,748
• Price per Square Foot: $425

The transaction was facilitated by the broker Paul Darrow, representing THG Multifamily and Marcus & Millichap. The involvement of these key individuals and companies played a crucial role in the successful completion of the deal.