Bruce Bernard Acquires 18-Unit Multifamily In North Hollywood For $8.35M

The multifamily property located at 5543 Case Ave in North Hollywood has been sold in a transaction on 05/31/2022. The property consists of 18 units with a total square footage of 14,200. The sale price for this transaction was $8,350,000, resulting in a price per unit of $463,888 and a price per square foot of $588.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,350,000
• Address: 5543 Case Ave
• Market: North Hollywood
• Units: 18
• Square Footage: 14,200
• Price per Unit: $463,888
• Price per Square Foot: $588

The buyer in this transaction was Bruce Bernard, represented by Yana Vlady and Richard J. Ringer from Marcus & Millichap. The seller, Artak Chobanyan, was represented by David Nalbandyan from LA Premier Group.