8777 Cadillac LLC Acquires Multifamily Property In La Cienega Heights For $2.15M

Located in La Cienega Heights, the multifamily property at 8777 Cadillac Avenue recently changed hands in a sale transaction. The property encompasses a total of 7,029 square feet and consists of 6 units. The sale price for this transaction was $2,150,000, resulting in a price per square foot of $305.88. The buyer of the property was 8777 Cadillac LLC, while the seller was New Start Holdings LP. The deal was facilitated by the brokerage team of Everett Wong, Peter Gladish, and Adam Ginsberg from Greysteel.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,150,000
• Square Footage: 7,029
• Price per Square Foot: $305.88
• Units: 6
• Buyer: 8777 Cadillac LLC
• Seller: New Start Holdings LP
• Brokers: Everett Wong, Peter Gladish, Adam Ginsberg - Greysteel

The successful sale of 8777 Cadillac Avenue was made possible by the collaboration between the buyer, 8777 Cadillac LLC, and the seller, New Start Holdings LP. Everett Wong, Peter Gladish, and Adam Ginsberg, all representing Greysteel, played a pivotal role in facilitating this transaction. Their expertise and negotiation skills contributed to the smooth execution of the deal.