Michael Maltzman Acquires Multifamily Property In Silverlake For $3.95M

Located in the vibrant neighborhood of Silverlake, this multifamily property at 4115 Normal has recently changed hands in a closed transaction. The sale was facilitated by Marcus & Millichap broker Matt Ziegler.

Summary of transaction details:

• Property Type: Multifamily
• Sale Price: $3,950,000
• Number of Units: 11
• Price per Unit: $359,090
• Square Footage: 13,956
• Price per Square Foot: $283
• Market: Silverlake

The buyer, Michael Maltzman, acquired this property from the seller, Michael Rosengarten. The deal represents a significant investment opportunity in Silverlake's real estate market. With a total of 11 units and a spacious size of 13,956 square feet, this multifamily property offers potential for a strong return on investment.

Matt Ziegler from Marcus & Millichap represented both parties in this transaction, facilitating a successful deal. This transaction not only highlights the potential of the property but also underscores the expertise and professionalism of the involved individuals and companies.