Min Hong Acquires Multifamily Property In Hollywood For $2.36M

The multifamily property located at 842 N. Wilcox Ave in Hollywood has been sold. The transaction took place on June 5, 2019. The property, spanning 6,855 square feet, was purchased for a total price of $2,365,000, resulting in a price per square foot of $345. The deal was facilitated by brokers Michael Monempour and Bryan Glenn from Kidder Mathews.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,365,000
• Date: 06/05/2019
• Address: 842 N. Wilcox Ave
• Market: Hollywood
• Buyer: Min Hong
• Seller: Kenneth Wayne Hurtst
• Brokers: Michael Monempour & Bryan Glenn - Kidder Mathews
• Square Feet: 6,855
• Price per Square Foot: $345

The buyer, Min Hong, acquired the property from the seller, Kenneth Wayne Hurtst. The transaction was facilitated by brokers Michael Monempour and Bryan Glenn from Kidder Mathews. This successful deal highlights the active real estate market in Hollywood and the value of this multifamily asset.