SOLD
Covenant House Acquires 12-Unit Multifamily In Los Angeles From Rabbanian Family For $2.94M
4442 West Pico Boulevard
MultiFamily
3,156 SF
3,156 SF
Sold 298 days ago
Summary
Sale
CALIFORNIA
MultiFamily
3,156 sqft
Located at 4442 West Pico Boulevard in Los Angeles, this multi-family property was recently sold in a transaction. The property consists of 12 units with a total square footage of 3,156. The sale price for this asset was $2,940,000, which translates to a price per unit of $245,000 and a price per square foot of $932.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,940,000
- Units: 12
- Price per Unit: $245,000
- Square Footage: 3,156
- Price per Square Foot: $932
Covenant House, a non-profit organization, acted as the buyer in this transaction. They purchased the property to provide housing for children who have aged out of foster care. The seller of this property was the Rabbanian Family. The deal was facilitated by Dario Svidler of Partners CRE, representing the buyer.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Dario Svidler
DATE: 07/13/2023
ADDRESS: 4442 West Pico Boulevard
MARKET: Los Angeles
ASSET TYPE: MultiFamily
BUYER: Covenant House
SELLER: Rabbanian Family
BROKER: Dario Svidler - Partners CRE
SALE PRICE: $2,940,000
UNITS: 12 ~ PPU: $245,000
SF: 3,156 ~ PPSF: $932
NOTE FROM BROKER: Purchased by non-profit Covenant House to provide housing for children that have aged out of foster care.View on map
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Address4442 West Pico Boulevard
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