Winstar Properties, LLC Acquires Hollywood MultiFamily For $27.3M

The multi-family property located at 5837 West Sunset Boulevard in Hollywood has been sold for $27,300,000. The property consists of 79 units with an average price per unit of $345,570. The total square footage of the property is 70,812, resulting in a price per square foot of $386.

Summary of transation details

• Property Type: MultiFamily
• Transaction Amount: $27,300,000
• Address: 5837 West Sunset Boulevard, Hollywood
• Units: 79
• Price per Unit: $345,570
• Total Square Footage: 70,812
• Price per Square Foot: $386

The buyer of the property is Winstar Properties, LLC. The transaction was facilitated by the brokers Neema Ahadian and Leonardo (Leo) Laterza from Marcus & Millichap.