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Pacific Urban Residential Acquires MultiFamily Property From 1800 New Hampshire Associates LLC For $55M

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SOLD
$55,000,000

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MultiFamily114,000 SF
Sold 08/30/2018
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SOLD

Pacific Urban Residential Acquires MultiFamily Property From 1800 New Hampshire Associates LLC For $55M

1800 N New Hampshire Ave, Los Ange...

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MultiFamily114,000 SF
Sold 08/30/2018
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Summary

Asset Type:MultiFamily
Price Per Square Foot:$482
Total Square Footage:114,000 SF
Transaction Type:Sale

The Los Feliz Club Apartments, a four-story multi-family property located at 1800 N New Hampshire Ave in Los Angeles, was recently acquired by Pacific Urban Residential for $55,000,000. The apartment complex spans 114,000 square feet and comprises 134 units. The sellers of the property were 1800 New Hampshire Associates LLC and five individuals, along with Netanel Family LLC.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $55,000,000.00
  • Buyer: Pacific Urban Residential
  • Seller: 1800 New Hampshire Associates LLC and five individuals, along with Netanel Family LLC
  • Address: 1800 N New Hampshire Ave, Los Angeles
  • Square Footage: 114,000 sq ft
  • Buyer's Rep: Kitty Wallace (Colliers International)

The apartment community was sold by a Woodland Hills-based TIC known as 1800 New Hampshire Associates LLC and 1800 New Hampshire Avenue Investors. The buyer, Pacific Urban Residential, is a private multi-family investment firm based in Palo Alto that completed the acquisition of the property in a noteworthy deal.

Players

Kitty Wallace
22 deals$749.8M volume
BROKER

BUYER

Details

SOLD
IMAGE: 08/30/2018 ADDRESS: 1800 N New Hampshire Ave, Los Ange... ASSET TYPE: MultiFamily BUYER'S REP: Kitty Wallace(Colliers International) BUYER: Pacific Urban Residential SELLER: 1800 New Hampshire Associates LLC PRICE: $55,000,000.00 SF: 114000

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