John Vojtech Acquires Multifamily Property In Venice For $5M
ShareContact
This MultiFamily property located in CA was sold for $5,000,000 over 2 years ago. The brokers of the deal were Glen Scher and Filip (Fil) Niculete
View Related
- Location22 Park Avenue, Venice, CA 90291
- Sale Price$5,000,000$1,104 PPSF
- Area4,526 SF
- Asset TypeMultiFamily
- Parties2 Brokers, 1 Agency
Agents
Agency
Social
Deal Summary
SALE
IMAGE: Glen Scher & Filip Niculete
DATE: 10/27/2021
ADDRESS: 22 Park Ave.
MARKET: Venice
ASSET TYPE: Multifamily
BUYER: John Vojtech
SELLER: Gary Goren
BROKERS: Filip Niculete (@FNiculete) & Glen Scher (@ScherGlen) (LAAA Team) (@LAAATeam) - Marcus & Millichap
SALE PRICE: $5,000,000
UNITS: 6 ~ PPU: $833,333
SF: 4,526 ~ PPSF: $1,104
GRM: 16.74x
CAP: 4.00%
NOTE: Closed for $5,000,000
$1,105 per SqFt. $833k per Unit
16.74 GRM. 4.00% CAP
Record Sale in Venice, CA
Highest Price/Unit Ever
Highest Price/SqFt Ever
This is the ONLY Sale in Venice
to Ever Sell for More than
$1,000 per SqFt & $800,000 per Unit
Comparables
Contact
22 Park Avenue
Social
Comparables
Contact
Share
Login to Suggest Edits