Grossman-Cross Family Trust Sells 16-Unit Multifamily Property In Los Angeles For $5.8M

The multifamily property located at 415 North Orange Grove Avenue in Los Angeles has been sold for a price of $5,800,000. The seller of the property was the Grossman-Cross Family Trust. The transaction was facilitated by Matthew Kanner from Keller Williams. The property consists of 16 units, with an average price per unit of $362,500. The total square footage of the property is 12,818, making the price per square foot $452.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $5,800,000
• Units: 16
• Price Per Unit: $362,500
• Square Footage: 12,818
• Price Per Square Foot: $452

Matthew Kanner, representing Keller Williams, played a key role in the sale of this multifamily property. His expertise and negotiation skills contributed to the successful completion of the transaction.