Diana Nguyen Acquires Fourplex In West Hollywood From Lorna Berle For $1.86M

This multifamily property, located at 833 Westmount Drive in West Hollywood, has been sold for $1,860,000. The asset comprises 4 units with a total square footage of 2,572, translating to a price per unit of $465,000 and a price per square foot of $723.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,860,000
• Address: 833 Westmount Drive
• Market: West Hollywood
• Units: 4
• Square Feet: 2,572
• Price per Unit: $465,000
• Price per Square Foot: $723
• Buyer: Diana Nguyen
• Seller: Lorna Berle - West Hollywood Holding
• Buyer's Rep: Bonnie Yi Hyde - Compass
• Seller's Rep: Nechama Jacobs - The Bienstock Group

In this transaction, Diana Nguyen emerged as the successful buyer, guided by Bonnie Yi Hyde of Compass. Lorna Berle, the seller and widow of Milton Berle, engaged Nechama Jacobs from The Bienstock Group as her representative. The deal attracted significant interest, with Ms. Nguyen competing against eight other bidders to acquire the property.