Lou Silver Acquires Multifamily Property In East Hollywood For $2.52M

Located at 831 N. Normandie Ave. in East Hollywood, this multifamily property recently changed hands in a sale transaction. The property features a total of 9 units, with a price per unit (PPU) of $280,000. The total square footage of the property is 6,579, resulting in a price per square foot (PPSF) of $383. The sale took place on June 10, 2022, with a sale price of $2,520,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,520,000
• Units: 9
• Price per Unit (PPU): $280,000
• Square Footage: 6,579
• Price per Square Foot (PPSF): $383
• Market: East Hollywood

In this transaction, Lou Silver acted as the buyer, while Rob Henry was the seller. The brokers involved in the deal were Ariel Sayani and Ardy Ishal, representing BRC Advisors.