Rockpoint Group Acquires East Hollywood Apartment Building For $34.3M In Off-Market Deal | 4150 Marathon St | Jason Shenitzer, David Regalado, Zac Freehling | MultiFamily | Sale

Summary

Sale

CALIFORNIA

MultiFamily

The property involved in the transaction is a 94-unit apartment building located at 4150 Marathon St in Los Angeles. The building, situated in the East Hollywood area, was purchased by Rockpoint Group for $34.3 million from seller SKS Trading Co. The apartment complex consists of two-bedroom units and is not subject to rent control regulations.

Summary of transaction details:

Property Type: Apartment Building
Transaction Amount: $34,300,000.00
Address: 4150 Marathon St, Los Angeles, CA
Market: Los Angeles
Buyer: Rockpoint Group
Seller: SKS Trading Co

The buyer, Rockpoint Group, was represented in the off-market deal by Zac Freehling, who is the founder and principal of Pacific Partners Real Estate Investments. The seller, SKS Trading Co, was represented by Jason Shenitzer, vice president at Pacific Partners Real Estate Investments, along with David Regalado, an associate at the same firm.

Players

All
4

Agents
3
Agencies
1

$101.9M Sold

$59M Sold

$177.8M Sold

Pacific Partners Real Estate Investments

Details

Deal Summary

SOLD

IMAGE: 2017-03-07 00:00:00 -0800 ADDRESS: 4150 Marathon St, Los Angeles, CA, 9... MARKET: Los Angeles BUYER'S REP: Zac Freehling(Pacific Partners Real Estate Investments), David Regalado() SELLER'S REP: Jason Shenitzer() BUYER: Rockpoint Group SELLER: SKS Trading Co PRICE: $34,300,000.00.00 NOTE: Boston's Rockpoint Group has picked up an East Hollywood apartment building for $34.3M. The 94-unit property is located at 4150 Marathon St. It was originally purchased 22 years ago by Seller SKS Trading Co. for $5M, The Real Deal reports. The building, which has two-bedroom units, is not subject to rent control. Pacific Partners Real Estate Investments vice president Jason Shenitzer, associate David Regalado, and founder and principal Zac Freehling repped the buyer and seller in the off-market deal.

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Address4150 Marathon St

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