Tamarack Commercial Helps Facilitate $8.65M Sale Of Multifamily Property In Los Angeles

A multifamily property located at 910 S. Grand View Street in Los Angeles has recently been sold. The transaction took place on November 25, 2020. The property, consisting of 41 units, was sold for a price of $8,650,000. This equates to a price per unit of $210,976. The total square footage of the property is 28,662, and the price per square foot is $301. The sale of this multifamily asset was facilitated by Clyde Isaacson of Tamarack Commercial.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $8,650,000
• Units: 41
• Price per Unit: $210,976
• Square Footage: 28,662
• Price per Square Foot: $301
• Market: Los Angeles

Clyde Isaacson from Tamarack Commercial played an instrumental role as the broker in this deal. The sale of this multifamily property at 910 S. Grand View Street in Los Angeles reflects a capitalization rate of 5.68%.