Joel Berlinksy Acquires 20-Unit Multifamily Property In Los Angeles For $6.55M

A multifamily property located at 6707 South Springpark Avenue in Los Angeles has been sold for $6,550,000. The property consists of 20 units with an average price of $327,500 per unit. The total square footage of the property is 28,616, resulting in a price per square foot of $229.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $6,550,000
• Address: 6707 South Springpark Avenue, Los Angeles
• Units: 20
• Price per Unit: $327,500
• Square Footage: 28,616
• Price per Square Foot: $229
• Buyer: Joel Berlinksy
• Seller: Nikki Wolontis
• Brokers: Taylor Avakian & Charles Wright - Matthews Real Estate Investment Services

Joel Berlinksy was the buyer in this transaction, while Nikki Wolontis was the seller. The deal was facilitated by Taylor Avakian and Charles Wright from Matthews Real Estate Investment Services, serving as brokers for this transaction.