Goodfriend & Jacobs Acquires Multifamily Property In Baldwin Hills For $2.4M

A multifamily property located at 4150 Hillcrest Dr. in Baldwin Hills has been sold for $2,400,000. The property spans across 9,133 square feet with a price per square foot of $262. The transaction took place on October 10, 2018.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,400,000
• Address: 4150 Hillcrest Dr.
• Market: Baldwin Hills
• Square Footage: 9,133
• Price Per Square Foot: $262

Goodfriend & Jacobs purchased the property from Kelly Kane LLC. The deal was facilitated by David Kaufman of Tamarack Commercial, who represented the buyer in the transaction.

Notably, the multifamily units at 4150 Hillcrest Dr. were designed and built by Ray Kappe, an award-winning Mid-Century Modern architect.