Hakim Holdings Acquires Multifamily Asset In Hollywood For $20.1M

6200 Franklin Ave, Central LA, Los Angeles, CA, USA

$20,100,000

$401/SF

Building Size

50,116 SF

Asset Type

MultiFamily

Closing

Jul 9, 2020

AI

Located at 6200 Franklin Ave in Hollywood, this multifamily property was recently sold in a closed transaction.

Summary of transation details

Property Type: Multifamily
Transaction Amount: $20,100,000
Market: Hollywood

The buyer, Hakim Holdings, acquired this property from MWest Holdings. The sellers, Karl Slovin, Matthew Ellis, and Sam Kuiumdjian, were represented by the broker IPA.

This sale included 52 units, with a price per unit of $386,538. The total square footage of the property is 50,116, resulting in a price per square foot of $401.

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