FBE Limited Acquires Multifamily Property In Hollywood For $31.9M

The multifamily property located at 4000 North 56th Ave in Hollywood has been sold for a total price of $31,900,000. The sale was facilitated by Steven Vegh of Westwood Realty Associates. The property consists of 300 units, with an average price per unit of $106,333. It spans across 228,336 square feet, resulting in a price per square foot of $140.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $31,900,000
• Address: 4000 North 56th Ave, Hollywood
• Market: Hollywood
• Buyer: FBE Limited - Abraham Fruchthandler & Yehoshua Fruchthandler
• Seller: Monument Real Estate Services
• Broker: Steven Vegh - Westwood Realty Associates

Abraham Fruchthandler and Yehoshua Fruchthandler, representing FBE Limited, were the buyers in this deal. The seller was Monument Real Estate Services. Steven Vegh, from Westwood Realty Associates, acted as the broker in the transaction.