Marcus & Millichap Closes $1.7M Multifamily Sale In North Hollywood

The six-unit apartment building located at 6645 Farmdale Avenue in North Hollywood was recently sold for $1.7 million, translating to $283,333 per unit. The transaction was facilitated by Marcus & Millichap's Rick Raymundo and Ben Savoy.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,700,000
• Units: 6
• Price per Unit: $283,333
• Address: 6645 Farmdale Avenue
• Market: North Hollywood

The sale involved undisclosed parties representing both the buyer and seller, with Marcus & Millichap's Rick Raymundo and Ben Savoy playing key roles in the transaction.