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3920 Hillcrest Drive
SOLD

Shlomo Lalezarian Acquires Multifamily Property In Baldwin Village For $1.575M

3920 Hillcrest Drive

MultiFamily
7,570 SF
clock iconSold 1 year ago
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Summary

Sale
CALIFORNIA
MultiFamily
7,570 sqft

Located at 3920 Hillcrest Dr. in Baldwin Village, this multifamily property was sold on June 24, 2021. The transaction was facilitated by Dana Coronado from KW Commercial.

Summary of transaction details:

  • Property Type: Multifamily
  • Sale Price: $1,575,000
  • Units: 8
  • Price per Unit: $196,875
  • Square Footage: 7,570
  • Price per Square Foot: $208
  • Gross Rent Multiplier (GRM): 15.17x
  • Capitalization Rate (CAP): 3.73%

The buyer of the property is Shlomo Lalezarian. Dana Coronado from KW Commercial represented the buyer in this transaction.

Players

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    2

  • Agents

    1

  • Agencies

    1

Dana Coronado's profile picture
Dana Coronado
Equity Union Real Estate-image
Mutlifamily & Commercial Director
$21.3M Sold

Details

Deal Summary
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SOLD
IMAGE: Dana Coronado DATE: 06/24/2021 ADDRESS: 3920 Hillcrest Dr. MARKET: Baldwin Village ASSET TYPE: Multifamily BUYER: Shlomo Lalezarian BROKER: Dana Coronado (@DanaCoronadoIncomePropertiesLA) - KW Commercial SALE PRICE: $1,575,000 UNITS: 8 ~ PPU: $196,875 SF: 7,570 ~ PPSF: $208 GRM: 15.17x CAP: 3.73%

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Address3920 Hillcrest Drive

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