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DMS Equities Acquires 39-Unit Multifamily Property In Los Angeles For $4.995M

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SOLD
$4,995,000

California

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MultiFamily32,402 SF
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DMS Equities Acquires 39-Unit Multifamily Property In Los Angeles For $4.995M

624 South Berendo Street

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MultiFamily32,402 SF
Sold
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$154
Total Square Footage:32402 SF
Transaction Type:Sale

The multi-family property located at 624 South Berendo Street in Los Angeles has been sold. The property consists of 39 units with a price per unit of $128,077. The total square footage of the property is 32,402, with a price per square foot of $154. The sale price for the property was $4,995,000.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $4,995,000
  • Units: 39
  • Price per Unit: $128,077
  • Square Footage: 32,402
  • Price per Square Foot: $154
  • Address: 624 South Berendo Street, Los Angeles

The buyer of the property was DMS Equities, represented by Matthew Soufer. The broker involved in the deal was Sean Rosenzweig from Marcus & Millichap.

Players

Sean Rosenzweig
14 deals$99.4M volume
BROKER

Details

SOLD
IMAGE: Sean Rosenzweig DATE: 09/20/2023 ADDRESS: 624 South Berendo Street MARKET: Los Angeles ASSET TYPE: MultiFamily BUYER: DMS Equities - Matthew Soufer BROKER: Sean Rosenzweig (@sean_rosenzweig) - Marcus & Millichap (@marcusmillichap) SALE PRICE: $4,995,000 UNITS: 39 ~ PPU: $128,077 SF: 32,402 ~ PPSF: $154

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