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Riven Barton Acquires Multifamily Property In Venice, CA For $2.35M

Property Image
SOLD
$2,350,000
Richard Ringer
Adam Surnow
+ 1

California

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MultiFamily1,536 SF
Sold
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Property Image
SOLD

Riven Barton Acquires Multifamily Property In Venice, CA For $2.35M

523 Main Street, Venice, California 90291, United States

See Similar Deals
MultiFamily1,536 SF
Sold
Richard Ringer
Adam Surnow
+ 1
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$1,529
Total Square Footage:1,536 SF
Transaction Type:Sale

A multifamily property located at 523 Main Street in Venice, CA has been sold for a price of $2,350,000. The property consists of 5 units, with each unit having an average price per unit of $470,000. The total square footage of the property is 1,536, resulting in a price per square foot of $1,530.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,350,000
  • Units: 5
  • Price Per Unit: $470,000
  • Square Footage: 1,536
  • Price Per Square Foot: $1,530
  • Market: Venice, CA

The buyer of the property is Riven Barton, while the seller is Adam Surnow. Representing the seller in the transaction is Richard Ringer and Yana Vlady from Marcus & Millichap.

Players

Richard Ringer
19 deals$169.7M volume
BROKER

Yana Vlady
Marcus & Millichap
12 deals$58.7M volume
BROKER


Adam Surnow
6 deals$13.4M volume
SELLER

Details

SOLD
IMAGE: Richard Ringer & Yana Vlady DATE: 10/06/2022 ADDRESS: 523 Main Street MARKET: Venice, CA ASSET TYPE: Multifamily BUYER: Riven Barton SELLER: Adam Surnow SELLER'S REP: Richard Ringer (@RingerGroup) & Yana Vlady (@Vladycre) - Marcus & Millichap (@MarcusMillichapLosAngeles) SALE PRICE: $2,350,000 UNITS: 5 ~ PPU: $470,000 SF: 1,536 ~ PPSF: $1,530

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