SOLD
H&R Studio City Acquires Multifamily Property On Vantage Avenue In Studio City For $12.65M
4350 Vantage Avenue
MultiFamily
35,847 SF
35,847 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
35,847 sqft
The multifamily property located at 4350 Vantage Avenue in Studio City was recently sold for a price of $12,650,000. The sale took place on November 25, 2020. The property consists of 22 units, with each unit having a price per unit (PPU) of $575,000. The total square footage of the property is 35,847, equating to a price per square foot (PPSF) of $352. The capitalization rate (CAP) for this transaction is 3.24%.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $12,650,000
- Units: 22
- PPU: $575,000
- Square Footage: 35,847
- PPSF: $352
- Capitalization Rate (CAP): 3.24%
The buyer of the property is H&R Studio City, while the seller is THI Vantage. The brokerage team involved in the transaction includes Neda Rassouli from TheNedski, Marty Cohan, and Beau Bonness.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Beau Bonness, Neda Rassouli & Marty Cohan
DATE: 11/25/2020
ADDRESS: 4350 Vantage Avenue
MARKET: Studio City
ASSET TYPE: Multifamily
BUYER: H&R Studio City
SELLER: THI Vantage
BROKERS: Neda Rassouli @TheNedski, Marty Cohan & Beau Bonness
SALE PRICE: $12,650,000
UNITS: 22 ~ PPU: $575,000
SF: 35,847 ~ PPSF: $352
CAP: 3.24%View on map
Loading...
Address4350 Vantage Avenue
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want