Justin Seigel Acquires 6-Unit Multifamily In Venice For $3.3M

A multifamily property located at 617 Crestmoore Pl. in Venice has been sold for a price of $3,300,000. The property consists of 6 units with an average price per unit of $550,000. It has a total square footage of 3,224 with a price per square foot of $1,023.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,300,000
• Address: 617 Crestmoore Pl.
• Market: Venice
• Units: 6
• Price per Unit: $550,000
• Square Footage: 3,224
• Price per Square Foot: $1,023

The buyer's representative in the deal was Justin Seigel from ADR Preferred Business Properties, while the seller's representatives were Doug Rickard from ADR Preferred Business Properties and Karla Cisneros from Nansco Management.