Robert Bellamy And Tony Azzi Of Vita Equities Acquire Multifamily Properties For $13.25M

The transaction involved multiple properties located at 4717 Don Lorenzo Drive, 601 West Hyde Park Boulevard, 605 West Hyde Park Boulevard, and 11941 Acacia Avenue in the Los Angeles Inglewood & Hawthorne market. The total sale price for these assets was $13,250,000, encompassing 78 units with a total square footage of 60,507. The price per unit stands at $169,871, while the price per square foot is $218.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $13,250,000
• Buyer: Robert Bellamy & Tony Azzi - Vita Equities
• Seller: John Kosty
• Brokers: Adam Tischer, Grant Lammersen, Juan Najera & Joshua Carrillo - Colliers
• Mortgage Broker: Bradley Buzil - Marcus & Millichap
• Units: 78
• Square Footage: 60,507
• Price Per Unit: $169,871
• Price Per Square Foot: $218

Adam Tischer, Grant Lammersen, Juan Najera, and Joshua Carrillo facilitated the sale on behalf of both the buyer and seller. Financing was arranged by mortgage broker Bradley Buzil.