Brunswick Capital Partners Sells North Hollywood Multifamily Asset For $2.775M

Alexander Monsef and Shaunt Kodaverdian have successfully closed the sale of a multifamily property located at 5645 Willowcrest Ave in North Hollywood, CA. The property is a 4-unit building with a total square footage of 5,909. The sale price for the property was $2,775,000, resulting in a per unit price of $693,750. The price per square foot is $469, indicating the value of the property.

Summary of transaction details:

• Property Type: Multifamily
• Sale Price: $2,775,000
• Units: 4
• Price Per Unit: $693,750
• Square Footage: 5,909
• Price Per Square Foot: $469

Alexander Monsef and Shaunt Kodaverdian were the sellers of the property. They were represented in the transaction by Elizabeth Maddox and Ian Maddox from The 2-4 Unit brokerage. Brunswick Capital Partners (BCP) acquired the property as a vacant new construction building in August of 2020 for a purchase price of $2,200,000. The sale of the property was an off-market transaction facilitated by BCP. For more information on this transaction or future opportunities, please reach out to Alexander Monsef or Shaunt Kodaverdian.