Lava Properties LLC Acquires West Hollywood Multifamily For $2.575M

Located in West Hollywood, this multifamily property at 7976 Norton Avenue recently changed hands in a sale transaction. The property, consisting of 8 units, spans across 5,554 square feet. The sale price for this prime West Hollywood asset was $2,575,000, resulting in a price per square foot of $463.63. The buyer of this property is Lava Properties LLC.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,575,000
• Address: 7976 Norton Avenue
• Market: West Hollywood

The sale of this property was facilitated by Sam Liberow of the Liberow Group, who acted as the broker representing the buyer. The Liberow Group played a pivotal role in bringing the buyer, Lava Properties LLC, to the negotiating table. The sale included 3 extensively remodeled units, each equipped with a washer and dryer. Additionally, one unit was delivered vacant at the close of escrow.