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Jonathan Kelly Acquires 16-Unit Multifamily Property In Beverlywood For $8.5M

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SOLD
$8,525,000

California

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MultiFamily26,975 SF
Sold 07/22/2020
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Property Image
SOLD

Jonathan Kelly Acquires 16-Unit Multifamily Property In Beverlywood For $8.5M

9583 Alcott St, Los Angeles, CA 90035, USA

See Similar Deals
MultiFamily26,975 SF
Sold 07/22/2020
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$316
Total Square Footage:26,975 SF
Transaction Type:Sale

The multifamily property located at 9583 Alcott St in Beverlywood has been sold in a closed transaction. With a total size of 26,975 square feet, the property was sold for a price of $8,525,000, resulting in a price per square foot of $316.03. The property consists of 16 units, with an average price per unit of $532,812.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $8,525,000
  • Address: 9583 Alcott St
  • Market: Beverlywood
  • Square Footage: 26,975
  • Price per Square Foot: $316.03
  • Number of Units: 16
  • Price per Unit: $532,812

The buyer of the property is Jonathan Kelly, while the seller is Ben Lee. The transaction was facilitated by Michael Sterman, a broker representing the buyer. Michael Sterman, who works at MikeyLikezIt agency, played a crucial role in the successful completion of the deal.

Players

Michael Sterman
39 deals$307.7M volume(818) 943-2319
BROKER

Details

SOLD
IMAGE: IMAGE: Michael Sterman DATE: 07/22/2020 ADDRESS: 9583 Alcott St MARKET: Beverlywood ASSET TYPE: Multifamily PRICE: $8,525,000 SF: 26,975 PPSF: $316.03 UNITS: 16 PPU: $532,812 BUYER: Jonathan Kelly SELLER: Ben Lee BROKER: Michael Sterman @MikeyLikezIt

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