Jonathan Echeverria Acquires East Hollywood Multifamily For $1.33M

Located in East Hollywood, the multifamily property at 968 N. Ardmore Ave. has been sold in a recent transaction. The sale, which took place on June 30, 2021, involved the buyer, Jonathan Echeverria, and the seller, Eduard Rotenberg. The deal was facilitated by Yohann Bensimon from Ikon Capital Advisors, representing both parties.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $1,337,500
• Market: East Hollywood

The property spans a lot size of 9,031 square feet, resulting in a price per square foot of $148.10. It is zoned as LAR3-1XL. Notably, the property was sold with the intention of being redeveloped into a future multifamily project.

Yohann Bensimon of Ikon Capital Advisors played a crucial role in bringing this deal together as the broker. With their expertise and negotiation skills, they successfully represented both the buyer and the seller in this transaction.