facebook
Traded Co logo
Submit a Deal

Marcus & Millichap LAAA Team Sells Multifamily Property On Chariton Street In Los Angeles For $2.1M

2011 Chariton Street
PointingArrow
ShareContact

This MultiFamily property located in CA was sold for $2,112,000 over 3 years ago. The brokers of the deal were Josh Hill, Glen Scher, and Filip (Fil) Niculete

A multifamily property located at 2011 Chariton Street in Los Angeles has recently been sold for $2,112,000. The property spans an area of 6,267 square feet, resulting in a price per square foot of $337. It consists of 5 units, with each unit being sold at an average price of $422,400. The capitalization rate for this transaction is reported to be 3.39%, while the capitalization gross rent multiplier stands at 17.33.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,112,000
  • Square Footage: 6,267
  • Price per Square Foot: $337
  • Number of Units: 5
  • Price per Unit: $422,400
  • Capitalization Rate: 3.39%
  • Capitalization Gross Rent Multiplier: 17.33

The sale of this multifamily property was facilitated by Josh Hill, Filip Niculete, and Glen Scher of Marcus & Millichap LAAA Team. Their expertise in the market and their representation of the parties involved contributed to the successful completion of this transaction.

View Related

Deals
  • Location
    2011 Chariton St, Los Angeles, CA 90034, Estados Unidos2011 Chariton St, Los Angeles, CA 90034, Estados Unidos
  • Sale Price
    $2,112,000$2,112,000
    $33 PPSF$33 PPSF
  • Area
    62,670 SF62,670 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Glen Scher

Glen Scher

Deals161
Sold$624.5M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

Deal Summary

SALE IMAGE: Filip Niculete, Josh Hill & Glen Scher @LAAATeam DATE: 10/15/2020 ADDRESS: 2011 Chariton Street MARKET: Los Angeles ASSET TYPE: Multifamily SALE PRICE: $2,112,000 SF: 6,267 / PPSF: $337 UNITS: 5 / PPU: $422,400 CAP: 3.39% CAP GRM: 17.33 BROKERS: Josh Hill, Filip Niculete, Glen Scher – Marcus & Millichap LAAA Team NOTE: Built […]

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

2011 Chariton Street

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits