Brad Weinstock Acquires Multifamily Property In Los Feliz For $2.15M

A multifamily property located at 4214 Sunset Dr. in Los Feliz has been sold in a recent transaction. The sale was facilitated by brokers Morgan McMullin and Dario Svidler, and the deal was closed on September 1, 2021. The property consists of 8 units, with a total square footage of 5,388. The sale price for the property was $2,150,000, resulting in a price per unit of $268,750 and a price per square foot of $399.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,150,000
• Units: 8
• Price per Unit: $268,750
• Square Footage: 5,388
• Price per Square Foot: $399
• Address: 4214 Sunset Dr., Los Feliz
• Market: Los Feliz

The buyer of the property is Brad Weinstock and the seller is Jean Markarian. Morgan McMullin and Dario Svidler represented the parties involved in the transaction as brokers. The deal reflects the active real estate market in Los Feliz, with a notable price per unit and price per square foot. Both buyers and sellers are finding opportunities in the multifamily housing sector in the area.