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Hakim Holdings Acquires Multifamily Asset In Hollywood For $20.1M

6200 Franklin Avenue
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This MultiFamily property located in CA was sold for $20,100,000 over 3 years ago.

Located at 6200 Franklin Ave in Hollywood, this multifamily property was recently sold in a closed transaction.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $20,100,000
  • Market: Hollywood

The buyer, Hakim Holdings, acquired this property from MWest Holdings. The sellers, Karl Slovin, Matthew Ellis, and Sam Kuiumdjian, were represented by the broker IPA.

This sale included 52 units, with a price per unit of $386,538. The total square footage of the property is 50,116, resulting in a price per square foot of $401.

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  • Location
    6200 Franklin Ave, Central LA, Los Angeles, CA, USA6200 Franklin Ave, Central LA, Los Angeles, CA, USA
  • Sale Price
    $20,100,000$20,100,000
    $401 PPSF$401 PPSF
  • Area
    50,116 SF50,116 SF
  • Asset Type
    MultiFamilyMultiFamily

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Deal Summary

SALE IMAGE: Karl Slovin, Matthew Ellis & Sam Kuiumdjian DATE: 07/09/2021 ADDRESS: 6200 Franklin Ave MARKET: Hollywood ASSET TYPE: Multifamily BUYER: Hakim Holdings SELLER: MWest Holdings - Karl Slovin, Matthew Ellis & Sam Kuiumdjian (@Sam_Kuium) BROKER: IPA SALE PRICE: $20,100,000 UNITS: 52 ~ PPU: $386,538 SF: 50,116 ~ PPSF: $401

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