SOLD
Drake Real Estate Group Acquires Multifamily Property In Silver Lake For $6.85M
1185 Myra Avenue
MultiFamily
19,573 SF
19,573 SF
Summary
Sale
CALIFORNIA
MultiFamily
19,573 sqft
Located in Silver Lake, the multifamily property at 1185 Myra Ave. was recently sold for $6,850,000. The transaction took place on April 16, 2021. Spanning 19,573 square feet, the property consists of 18 units, resulting in a price per unit of approximately $380,555. The price per square foot comes out to be around $349. The buyers, Drake Real Estate Group, were represented by Brian Rivera from Compass Commercial and Alex Metaxas from Realty Investment Advisors. The sellers were Daniel Mense and David Kahenasa.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,850,000
- Address: 1185 Myra Ave.
- Market: Silver Lake
Drake Real Estate Group, along with their representatives Brian Rivera and Alex Metaxas, successfully acquired the property. They were assisted by Compass Commercial and Realty Investment Advisors in the transaction. Daniel Mense and David Kahenasa acted as the sellers in the deal.
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Details
SOLD
IMAGE: Alex Metaxas @AlMetaxa & Brian Rivera @Brian_P_Rivera
DATE: 04/16/2021
ADDRESS: 1185 Myra Ave.
MARKET: Silver Lake
ASSET TYPE: Multifamily
BUYER: Drake Real Estate Group @Drake_Reg & @BoDrake194
SELLER: Daniel Mense & David Kahenasa (@knasa)
BROKERS: Brian Rivera @Brian_P_Rivera - Compass Commercial & Alex Metaxas @Partners.Cre @AlMetaxa - Realty Investment Advisors @RiaCreInc
SALE PRICE: $6,850,000
UNITS: 18 ~ PPU: $380,555
SF: 19,573 ~ PPSF: $349View on map
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Address1185 Myra Avenue
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