West Avenue 31 LLC Acquires Multifamily Property In Glassell Park For $2.05M

Kitty Wallace of Colliers International and Eric Dilanian of RE/MAX Commercial & Investment Realty represented the buyer and seller in the sale of a multifamily property in Glassell Park, located at 2561 W Avenue 30. The transaction took place on August 5, 2019, and the property was purchased by West Avenue 31 LLC from Howard Lui for a total price of $2,050,000. The property spans 8,097 square feet, resulting in a price per square foot of $253.18.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $2,050,000
• Address: 2561 W Avenue 30, Glassell Park
• Market: Glassell Park
• Buyer: West Avenue 31 LLC
• Seller: Howard Lui
• Brokers: Kitty Wallace - Colliers International, Eric Dilanian - RE/MAX Commercial & Investment Realty
• Square Footage: 8,097
• Price Per Square Foot: $253.18

Kitty Wallace from Colliers International and Eric Dilanian from RE/MAX Commercial & Investment Realty played instrumental roles in facilitating this transaction, representing the buyer and seller respectively. Their expertise in the Glassell Park market contributed to the successful sale of this multifamily property.