Elizabeth Maddox & Ian Maddox Acquire 4-Unit Multifamily In North Hollywood For $3.45M

The multifamily property located at 5142 Riverton Ave in North Hollywood has recently been sold for a total price of $3,450,000. This transaction was completed on 06/09/2022 and was facilitated by brokers Elizabeth Maddox and Ian Maddox from The 2-4 Unit agency. The property consists of four units, with a price per unit of $862,500. The total square footage of the property is 5,684, resulting in a price per square foot of $606.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,450,000
• Units: 4
• Price Per Unit: $862,500
• Square Footage: 5,684
• Price Per Square Foot: $606
• Date: 06/09/2022
• Broker: Elizabeth Maddox & Ian Maddox - The 2-4 Unit

The sale of this multifamily property showcases the expertise of brokers Elizabeth Maddox and Ian Maddox from The 2-4 Unit agency. Their knowledge and skills in the real estate industry enabled them to successfully negotiate this transaction, resulting in a profitable deal for the parties involved. The location of the property in North Hollywood adds to its appeal, as it is situated in a desirable market. This sale highlights the ongoing demand for multifamily properties in this area.