Michael Maltzman Acquires Multifamily Property In Silverlake For $3.95M
California
See Similar DealsMichael Maltzman Acquires Multifamily Property In Silverlake For $3.95M
4115 Normal Avenue, Los Angeles, California 90029, United States
See Similar DealsSummary
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.
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