Multifamily Property At 4080 Madison Avenue Culver City Sold For $2.55M With CBRE Brokers

The property asset involved in the transaction is located at 4080 Madison Avenue in Culver City. This multifamily asset consists of 6 units, with a sale price of $2,550,000. The total square footage of the property is 5,388, which calculates to a price per unit of $425,000 and a price per square foot of $473.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,550,000
• Units: 6
• Square Feet: 5,388
• Price Per Unit: $425,000
• Price Per Square Foot: $473
• Brokers: John Boyett & Oliver Shadgou - CBRE
• Date of Transaction: 10/15/2024

John Boyett and Oliver Shadgou from CBRE represented the transaction, facilitating the deal. The transaction highlights the collaborative role of the brokers in navigating the complexities of the multifamily real estate market in Culver City.