Tower Lane Capital Acquires Multifamily Property In Pacific Palisades For $13.5M | 16100 Sunset Boulevard | Andrew Geltman, Kenny Stevens, Jonathan (Jon) Taksa | MultiFamily | Sale

Summary

Sale

CALIFORNIA

MultiFamily

20,500 sqft

The multifamily property located at 16100 Sunset Boulevard in Pacific Palisades has been sold for a price of $13,525,000. The property consists of 20 units with an average price per unit of $676,250. The total square footage of the property is 20,500, resulting in a price per square foot of $659.

Summary of transation details

Property Type: Multifamily
Transaction Amount: $13,525,000
Address: 16100 Sunset Boulevard
Market: Pacific Palisades

The buyer of the property is Tower Lane Capital, represented by Michael Maltzman and Garrett Green. The seller is Geoffrey Jacobs. Compass agents Kenny Stevens and Andrew Geltman served as the buyer's representatives in the transaction, while Jonathan Taksa from Taksa Investment Group represented the seller.

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Players

All
5

Agents
3
Agencies
2

Andrew Geltman

Commercial Real Estate Agent

$13.5M Sold

$127.7M Sold

$532.9M Sold

Details

Deal Summary

SOLD

IMAGE: Kenny Stevens, Michael Maltzman, Jonathan Taksa, Garrett Green & Andrew Geltman DATE: 01/04/2022 ADDRESS: 16100 Sunset Boulevard MARKET: Pacific Palisades ASSET TYPE: Multifamily BUYER: Tower Lane Capital - Michael Maltzman (@MMaltzman) and Garrett Green (@gg_____) SELLER: Geoffrey Jacobs BUYER’S REP: Kenny Stevens (@KennyStevensTeam) & Andrew Geltman (@AJMoneyman) - Compass (@Compass) SELLER’S REP: Jonathan Taksa (@JTaksa) - Taksa Investment Group (@TaksaInvestmentGroup) SALE PRICE: $13,525,000 UNITS: 20 ~ PPU: $676,250 SF: 20,500 ~ PPSF: $659

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Address16100 Sunset Boulevard

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