4141 Los Feliz Boulevard Multifamily Sold For $3,995,000 With Seller's Rep CBRE

The property asset involved in this transaction is a multifamily building located at 4141 Los Feliz Boulevard in Los Angeles. It has a total of 17 units, and the total square footage is 19,086. The sale price for the property was $3,995,000, resulting in a price per unit of $235,000 and a price per square foot of $209.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,995,000
• Units: 17
• Square Footage: 19,086
• Price Per Unit: $235,000
• Price Per Square Foot: $209
• Market: Los Angeles
• Seller's Representative: Anthony Verlingo, Jenny Eng & Hannah Hampton - CBRE
• Closing Method: All Cash
• Closing Period: 30 days
• CAP Rate: 4.51%

The transaction was managed through a confidential off-market process, with CBRE representing the seller. The closing was executed in an all-cash format, enhancing the efficiency of the deal.