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Henry Horn & Joe Myers Buy West Adams Multifamily For $2.25M In Los Angeles As Buyer's Reps

Property Image
SOLD
$2,250,000
Joe Myers
Enrique Viramontes
+ 1

California

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MultiFamily5,158 SF
Sold 05/03/2024
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Property Image
SOLD

Henry Horn & Joe Myers Buy West Adams Multifamily For $2.25M In Los Angeles As Buyer's Reps

5563 Carlin Street

See Similar Deals
MultiFamily5,158 SF
Sold 05/03/2024
Joe Myers
Enrique Viramontes
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$436
Total Square Footage:5,158 SF
Transaction Type:Sale

5563 Carlin Street, a new construction income property located in prime West Adams, Los Angeles, was sold for $2,250,000 at a price per square foot of $436. The property features three spacious apartments, including a large 6-bedroom, 4-bathroom two-story house and two 3-bedroom, 3-bathroom units in the rear building. Each unit comes equipped with stainless steel appliances, central HVAC systems, and modern upgrades, offering potential for owner-user, short-term rental, or co-living opportunities. Situated in a highly desirable area near Adams Blvd and La Cienega, the property provides convenient access to Culver City, Arts District, Leimert Park, Beverly Grove, and major employment hubs like Amazon Studios, Sony Pictures, and HBO.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,250,000
  • Address: 5563 Carlin Street
  • Market: Los Angeles
  • Square Footage: 5,158
  • Price Per Square Foot: $436

Henry Horn and Joe Myers from Compass represented the buyer in the transaction, while Benjamin J. Hsiang from Realty Investment Advisors and Enrique Viramontes from Remax Commercial and Investment Realty represented the seller. The property's location in prime West Adams, Los Angeles, offers proximity to various desirable areas and major employment centers, making it an attractive investment opportunity in the multifamily asset class.

Players

Benjamin J. Hsiang
1 deal$2.3M volume(424) 329-4266
BROKER

Joe Myers
Compass
2 deals$4.9M volume(323) 863-5844
BROKER

Enrique Viramontes
Re/Max
2 deals$8.4M volume(323) 228-1434
BROKER

Henry Horn
Compass
1 deal$2.3M volume(424) 279-2910
BROKER

Details

SOLD
IMAGE: Henry Horn, Joe Myers, Benjamin J. Hsiang & Enrique Viramontes DATE: 05/03/2024 ADDRESS: 5563 Carlin Street MARKET: Los Angeles ASSET TYPE: Multifamily BUYER'S REP: Henry Horn & Joe Myers (@JoeMyerslarealestate) - Compass (@Compass) SELLER'S REP: Benjamin J. Hsiang - Realty Investment Advisors; Enrique Viramontes - Remax Commercial and Investment Realty SALE PRICE: $2,250,000 SF: 5,158 ~ PPSF: $436 NOTE: 5563 Carlin Street, a new construction income property located in prime West Adams, Los Angeles, was sold for $2,250,000 at a price per square foot of $436. The property features three spacious apartments, including a large 6-bedroom, 4-bathroom two-story house and two 3-bedroom, 3-bathroom units in the rear building. Each unit comes equipped with stainless steel appliances, central HVAC systems, and modern upgrades, offering potential for owner-user, short-term rental, or co-living opportunities. Situated in a highly desirable area near Adams Blvd and La Cienega, the property provides convenient access to Culver City, Arts District, Leimert Park, Beverly Grove, and major employment hubs like Amazon Studios, Sony Pictures, and HBO.

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